Level Chart

Basic Info

US Building Permits is at a current level of 1.505M, up from 1.419M last month and down from 1.508M one year ago. This is a change of 6.06% from last month and -0.20% from one year ago.

US Building Permits, as defined by the Census Bureau, are the approval or authorization by the government to legally work on construction projects in permit-issuing places, in this case, specifically for new privately owned housing units. An increase in building permits is a leading indicator into the health of the US Housing sector and often the US economy at large. US Building Permits declined between 2006 and 2009, reaching a trough on March 2009 of 513,000 building permits as sentiment in the US housing market drastically during the housing bubble.

Stats

Last Value 1.505M
Latest Period Nov 2024
Last Updated Dec 18 2024, 08:32 EST
Next Release Jan 17 2025, 08:30 EST
Average Growth Rate 2.65%
Value from Last Month 1.419M
Change from Last Month 6.06%
Value from 1 Year Ago 1.508M
Change from 1 Year Ago -0.20%
Frequency Monthly
Adjustment Seasonally Adjusted Annual Rate
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Notes Seasonally adjusted annual rate. Formerly 'US New Housing Permits'

Historical Data

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Date Value
November 30, 2024 1.505M
October 31, 2024 1.419M
September 30, 2024 1.425M
August 31, 2024 1.47M
July 31, 2024 1.406M
June 30, 2024 1.454M
May 31, 2024 1.399M
April 30, 2024 1.44M
March 31, 2024 1.485M
February 29, 2024 1.563M
January 31, 2024 1.508M
December 31, 2023 1.53M
November 30, 2023 1.508M
October 31, 2023 1.534M
September 30, 2023 1.515M
August 31, 2023 1.578M
July 31, 2023 1.501M
June 30, 2023 1.493M
May 31, 2023 1.532M
April 30, 2023 1.47M
March 31, 2023 1.493M
February 28, 2023 1.62M
January 31, 2023 1.443M
December 31, 2022 1.40M
November 30, 2022 1.402M
Date Value
October 31, 2022 1.56M
September 30, 2022 1.613M
August 31, 2022 1.542M
July 31, 2022 1.719M
June 30, 2022 1.745M
May 31, 2022 1.712M
April 30, 2022 1.835M
March 31, 2022 1.877M
February 28, 2022 1.817M
January 31, 2022 1.898M
December 31, 2021 1.948M
November 30, 2021 1.775M
October 31, 2021 1.727M
September 30, 2021 1.636M
August 31, 2021 1.837M
July 31, 2021 1.618M
June 30, 2021 1.644M
May 31, 2021 1.68M
April 30, 2021 1.714M
March 31, 2021 1.773M
February 28, 2021 1.743M
January 31, 2021 1.843M
December 31, 2020 1.73M
November 30, 2020 1.682M
October 31, 2020 1.599M

Basic Info

US Building Permits is at a current level of 1.505M, up from 1.419M last month and down from 1.508M one year ago. This is a change of 6.06% from last month and -0.20% from one year ago.

US Building Permits, as defined by the Census Bureau, are the approval or authorization by the government to legally work on construction projects in permit-issuing places, in this case, specifically for new privately owned housing units. An increase in building permits is a leading indicator into the health of the US Housing sector and often the US economy at large. US Building Permits declined between 2006 and 2009, reaching a trough on March 2009 of 513,000 building permits as sentiment in the US housing market drastically during the housing bubble.

Stats

Last Value 1.505M
Latest Period Nov 2024
Last Updated Dec 18 2024, 08:32 EST
Next Release Jan 17 2025, 08:30 EST
Average Growth Rate 2.65%
Value from Last Month 1.419M
Change from Last Month 6.06%
Value from 1 Year Ago 1.508M
Change from 1 Year Ago -0.20%
Frequency Monthly
Adjustment Seasonally Adjusted Annual Rate
Download Source File Upgrade
Notes Seasonally adjusted annual rate. Formerly 'US New Housing Permits'