Level Chart

Basic Info

US Building Permits MoM is at -4.27%, compared to 2.28% last month and -3.04% last year. This is lower than the long term average of 0.22%.

US Building Permits MoM measures the month over month percent change in building permits in the US, where a building permit is the legal authorization to work on new private housing units. A positive month over month change usually reflects optimism in the US housing market, whereas a negative change usually reflects pessimism in the US housing market. Between 2006 and 2009, the monthly percent change in building permits saw significant declines. The overall housing market and economy reflected similar sentiments.

Stats

Last Value -4.27%
Latest Period Mar 2024
Last Updated Apr 16 2024, 08:30 EDT
Next Release May 16 2024, 08:30 EDT
Long Term Average 0.22%
Average Growth Rate -1.11K%
Value from Last Month 2.28%
Change from Last Month N/A
Value from 1 Year Ago -3.04%
Change from 1 Year Ago N/A
Frequency Monthly
Unit Percent
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
March 31, 2024 -4.27%
February 29, 2024 2.28%
January 31, 2024 -0.27%
December 31, 2023 1.77%
November 30, 2023 -2.07%
October 31, 2023 1.84%
September 30, 2023 -4.54%
August 31, 2023 6.79%
July 31, 2023 0.14%
June 30, 2023 -3.68%
May 31, 2023 5.58%
April 30, 2023 -1.39%
March 31, 2023 -3.04%
February 28, 2023 9.45%
January 31, 2023 -3.90%
December 31, 2022 0.50%
November 30, 2022 -9.84%
October 31, 2022 -2.08%
September 30, 2022 0.13%
August 31, 2022 -4.34%
July 31, 2022 -2.53%
June 30, 2022 -0.41%
May 31, 2022 -4.85%
April 30, 2022 -4.37%
March 31, 2022 3.30%
Date Value
February 28, 2022 -4.27%
January 31, 2022 -2.57%
December 31, 2021 9.75%
November 30, 2021 2.78%
October 31, 2021 5.56%
September 30, 2021 -10.94%
August 31, 2021 13.54%
July 31, 2021 -1.58%
June 30, 2021 -2.14%
May 31, 2021 -1.98%
April 30, 2021 -3.33%
March 31, 2021 1.72%
February 28, 2021 -5.43%
January 31, 2021 6.53%
December 31, 2020 2.85%
November 30, 2020 5.19%
October 31, 2020 -0.93%
September 30, 2020 6.18%
August 31, 2020 -2.12%
July 31, 2020 16.07%
June 30, 2020 6.53%
May 31, 2020 15.87%
April 30, 2020 -21.62%
March 31, 2020 -5.08%
February 29, 2020 -2.41%

Basic Info

US Building Permits MoM is at -4.27%, compared to 2.28% last month and -3.04% last year. This is lower than the long term average of 0.22%.

US Building Permits MoM measures the month over month percent change in building permits in the US, where a building permit is the legal authorization to work on new private housing units. A positive month over month change usually reflects optimism in the US housing market, whereas a negative change usually reflects pessimism in the US housing market. Between 2006 and 2009, the monthly percent change in building permits saw significant declines. The overall housing market and economy reflected similar sentiments.

Stats

Last Value -4.27%
Latest Period Mar 2024
Last Updated Apr 16 2024, 08:30 EDT
Next Release May 16 2024, 08:30 EDT
Long Term Average 0.22%
Average Growth Rate -1.11K%
Value from Last Month 2.28%
Change from Last Month N/A
Value from 1 Year Ago -3.04%
Change from 1 Year Ago N/A
Frequency Monthly
Unit Percent
Adjustment Seasonally Adjusted Annual Rate
Download Source File Upgrade
Notes Seasonally adjusted annual rate. Formerly 'US New Housing Permits'