US Building Permits Final (Nov) 1.448 vs. Exp. 1.448
The final reading of US Building Permits for November came in at 1.448 million, matching expectations.
NY Fed Services Survey (Feb): Business activity -25.7 (prev. -16.1), Business Climate -41.7 (prev. -34.4)
US Building Permits MoM Final (Nov) M/M 4.3%
US Building Permits Final (Nov) 1.448 vs. Exp. 1.448
US Building Permits MoM Prel (Nov) M/M -1.6% (Prev. -0.3%)
Japanese PM Takaichi says they are going to mull a tax cut with a refundable tax credit system; Japan seeks to deepen economic cooperation with the US
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This steadiness suggests that the housing market is maintaining its pace, which could indicate stability in construction activity. However, with no surprise in the data, the implications for future monetary policy or economic growth might be limited.
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