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US Building Permits Prel (Dec) 1.448M vs. Exp. 1.40M (Prev. 1.388M)

Newsquawk Staff ·

US Building Permits Prel (Dec) 1.448M vs. Exp. 1.40M (Prev. 1.388M)

What it means

The December Building Permits data has come in better than expected, with a print of 1.448M versus the expected 1.40M and a prior figure of 1.388M. This beat suggests a potential strengthening in the housing sector, which could have implications for economic growth and may influence future monetary policy decisions if this trend continues.

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