US Housing Starts (Jan) 1.487M vs. Exp. 1.35M (Prev. 1.404M, Low. 1.3M, High. 1.405M)
Newsquawk Staff ·
US Housing Starts (Jan) 1.487M vs. Exp. 1.35M (Prev. 1.404M, Low. 1.3M, High. 1.405M)
What it means
The stronger-than-expected US housing starts figure for January suggests resilience in the housing market, potentially reinforcing growth sentiment. This beats expectations and the previous print, which could indicate a more robust recovery, impacting interest rate considerations positively as it aligns with economic strengthening narratives.
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