US housing starts fall 3.0% in August
FXStreet (Córdoba) – US housing starts fell 3% from a month earlier to a seasonally adjusted annual rate of 1.126 million in August, below the 1.170 million expected by analysts.
July housing starts were downwardly revised to a fall of 4.1% to 1.16 million units from the prior estimate of a 0.2% increase to 1.21 million.
Meanwhile, building permits, a gauge of forthcoming construction, rose 3.5% to 1.17 million units, from a revised July rate of 1.13 million.
US housing starts fell 3% from a month earlier to a seasonally adjusted annual rate of 1.126 million in August, below the 1.170 million expected by analysts.
(Market News Provided by FXstreet)