US Building Permits MoM Final (Nov) M/M 4.3%
The 4.3% increase in US building permits month-over-month for November suggests solid demand in the housing sector, reinforcing a positive outlook for construction activity.
US PRE-MARKET MOVERS: META, NVDA, PANW, CDNS, MRNA, VRSK, GPN, DINO, APLD, NYT, GLBE, WING, MCW, PLTR
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%)
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This data could signal continued strength in the residential market and has implications for economic growth, potentially influencing monetary policy discussions if the trend persists.
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