US Building Permits Prel (Feb) 1.538M (Prev. 1.386M)

The preliminary building permits data for February shows a significant rise to 1.538 million, up from 1.386 million previously.

Newsquawk StaffPublished 29 Apr 2026, 12:50 UTCOn the live feed at 12:30 UTC — 3 more headlines followed before this page went public

Newsquawk headlinesUTC

12:46

Diageo (DGE LN) CEO says they intend to streamline the group, Bloomberg reports

12:45

Israeli PM Netanyahu is to visit the US next week for a meeting with US President Trump, Al Arabiya reports

12:30

US Building Permits Prel (Feb) 1.538M (Prev. 1.386M)

12:25

IAEA's Grossi says they want to inspect the Iranian facilities where nuclear materials are stored. Discussed with Russia and others the possibility of sending the highly enriched uranium out of the country. Such material must not remain in Iran.

12:23

White House official says US President Trump met energy executives Tuesday, discussed domestic production, Venezuela, oil futures, natural gas, and shipping

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Context

This increase not only beats expectations but also suggests a strengthening in construction activity, which could have positive implications for housing supply and broader economic growth. Market participants will want to assess how this aligns with other indicators to gauge the overall housing market health and potential impact on monetary policy.

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