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: 2024.04.16
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US Housing Starts decline 14.7% in March, Building Permits fall 4.3%
World FX news
Breaking news
US Housing Starts decline 14.7% in March, Building Permits fall 4.3%
New
2024.04.16 21:35
2024.04.16 21:35
2024.04.16 21:35
- Housing Starts and Building Permits in the US declined sharply in March.
- The US Dollar Index holds above 106.00 after housing data.
Housing Starts in the US fell 14.7% in March to 1.32 million units, the monthly data published by the US Census Bureau revealed on Tuesday. This reading followed the 12.7% increase (revised from 10.7%) recorded in February.
In the same period, Building Permits declined 4.3% after rising 2.3% (revised from 1.9%) in January.
Market reaction
The US Dollar Index edged lower with the immediate reaction and was last seen trading flat on the day at 106.15.
Last updated
: 2024.04.16
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