Level Chart

Basic Info

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.

US Building Permits is at a current level of 1.33M, down from 1.351M last month and down from 1.896M one year ago. This is a change of -1.55% from last month and -29.85% from one year ago.

Stats

Last Value 1.33M
Latest Period Dec 2022
Last Updated Jan 19 2023, 08:33 EST
Next Release Feb 16 2023, 08:30 EST
Average Growth Rate 2.48%
Value from Last Month 1.351M
Change from Last Month -1.55%
Value from 1 Year Ago 1.896M
Change from 1 Year Ago -29.85%
Frequency Monthly
Adjustment Seasonally Adjusted Annual Rate
Download Source File Download
Notes Seasonally adjusted annual rate. Formerly 'US New Housing Permits'

Historical Data

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Date Value
December 31, 2022 1.33M
November 30, 2022 1.351M
October 31, 2022 1.512M
September 30, 2022 1.564M
August 31, 2022 1.542M
July 31, 2022 1.685M
June 30, 2022 1.696M
May 31, 2022 1.695M
April 30, 2022 1.823M
March 31, 2022 1.879M
February 28, 2022 1.857M
January 31, 2022 1.841M
December 31, 2021 1.896M
November 30, 2021 1.729M
October 31, 2021 1.698M
September 30, 2021 1.615M
August 31, 2021 1.772M
July 31, 2021 1.655M
June 30, 2021 1.661M
May 31, 2021 1.691M
April 30, 2021 1.765M
March 31, 2021 1.773M
February 28, 2021 1.743M
January 31, 2021 1.843M
December 31, 2020 1.73M
Date Value
November 30, 2020 1.682M
October 31, 2020 1.599M
September 30, 2020 1.614M
August 31, 2020 1.52M
July 31, 2020 1.553M
June 30, 2020 1.338M
May 31, 2020 1.256M
April 30, 2020 1.084M
March 31, 2020 1.383M
February 29, 2020 1.457M
January 31, 2020 1.493M
December 31, 2019 1.439M
November 30, 2019 1.497M
October 31, 2019 1.52M
September 30, 2019 1.461M
August 31, 2019 1.485M
July 31, 2019 1.363M
June 30, 2019 1.303M
May 31, 2019 1.349M
April 30, 2019 1.33M
March 31, 2019 1.317M
February 28, 2019 1.311M
January 31, 2019 1.253M
December 31, 2018 1.307M
November 30, 2018 1.325M

Basic Info

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.

US Building Permits is at a current level of 1.33M, down from 1.351M last month and down from 1.896M one year ago. This is a change of -1.55% from last month and -29.85% from one year ago.

Stats

Last Value 1.33M
Latest Period Dec 2022
Last Updated Jan 19 2023, 08:33 EST
Next Release Feb 16 2023, 08:30 EST
Average Growth Rate 2.48%
Value from Last Month 1.351M
Change from Last Month -1.55%
Value from 1 Year Ago 1.896M
Change from 1 Year Ago -29.85%
Frequency Monthly
Adjustment Seasonally Adjusted Annual Rate
Download Source File Download
Notes Seasonally adjusted annual rate. Formerly 'US New Housing Permits'