US Building Permits Prel (Nov) 1.388M (Prev. 1.411M, Low. 1.3M, High. 1.44M)
Newsquawk Staff ·
US Building Permits Prel (Nov) 1.388M (Prev. 1.411M, Low. 1.3M, High. 1.44M)
What it means
The preliminary US Building Permits figure for November came in at 1.388 million, down from the previous 1.411 million. This decline, while still above the low end of expectations, suggests a potential cooling in the housing market, which could have implications for economic growth and future interest rate considerations.
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