US Building Permits (I:USNHP)
Level Chart
Basic Info
|
US Building Permits is at a current level of 1.518M, up from 1.489M last month and up from 1.482M one year ago. This is a change of 1.95% from last month and 2.43% 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. |
| Report | New Residential Construction |
| Category | Construction |
| Region | United States |
| Source | Census Bureau |
Stats
| Last Value | 1.518M |
| Latest Period | Feb 2024 |
| Last Updated | Mar 19 2024, 08:32 EDT |
| Next Release | Apr 16 2024, 08:30 EDT |
| Average Growth Rate | 2.67% |
| Value from Last Month | 1.489M |
| Change from Last Month | 1.95% |
| Value from 1 Year Ago | 1.482M |
| Change from 1 Year Ago | 2.43% |
| Frequency | Monthly |
| Adjustment | Seasonally Adjusted Annual Rate |
| Download Source File | Upgrade |
| Notes | Seasonally adjusted annual rate. Formerly 'US New Housing Permits' |
Historical Data
| Date | Value |
|---|---|
| February 29, 2024 | 1.518M |
| January 31, 2024 | 1.489M |
| December 31, 2023 | 1.493M |
| November 30, 2023 | 1.467M |
| October 31, 2023 | 1.498M |
| September 30, 2023 | 1.471M |
| August 31, 2023 | 1.541M |
| July 31, 2023 | 1.443M |
| June 30, 2023 | 1.441M |
| May 31, 2023 | 1.496M |
| April 30, 2023 | 1.417M |
| March 31, 2023 | 1.437M |
| February 28, 2023 | 1.482M |
| January 31, 2023 | 1.354M |
| December 31, 2022 | 1.409M |
| November 30, 2022 | 1.402M |
| October 31, 2022 | 1.555M |
| September 30, 2022 | 1.588M |
| August 31, 2022 | 1.586M |
| July 31, 2022 | 1.658M |
| June 30, 2022 | 1.701M |
| May 31, 2022 | 1.708M |
| April 30, 2022 | 1.795M |
| March 31, 2022 | 1.877M |
| February 28, 2022 | 1.817M |
| Date | Value |
|---|---|
| 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 |
| 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 |
Basic Info
|
US Building Permits is at a current level of 1.518M, up from 1.489M last month and up from 1.482M one year ago. This is a change of 1.95% from last month and 2.43% 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. |
| Report | New Residential Construction |
| Category | Construction |
| Region | United States |
| Source | Census Bureau |
Stats
| Last Value | 1.518M |
| Latest Period | Feb 2024 |
| Last Updated | Mar 19 2024, 08:32 EDT |
| Next Release | Apr 16 2024, 08:30 EDT |
| Average Growth Rate | 2.67% |
| Value from Last Month | 1.489M |
| Change from Last Month | 1.95% |
| Value from 1 Year Ago | 1.482M |
| Change from 1 Year Ago | 2.43% |
| Frequency | Monthly |
| Adjustment | Seasonally Adjusted Annual Rate |
| Download Source File | Upgrade |
| Notes | Seasonally adjusted annual rate. Formerly 'US New Housing Permits' |
Related Indicators
| US Economy |
| ADP Employment Change | 184000.0 |
| Effective Federal Funds Rate | 5.33% |
| US Durable Goods New Orders MoM | 1.37% |
| US Housing Starts MoM | 10.70% |
| US Index of Consumer Sentiment | 77.90 |
| US Inflation Rate | 3.48% |
| US Initial Claims for Unemployment Insurance | 211000.0 |
| US ISM Manufacturing PMI | 50.30 |
| US Real GDP QoQ | 3.40% |
| US Retail and Food Services Sales MoM | 0.72% |
| US Unemployment Rate | 3.80% |
| US Housing |
| 15 Year Mortgage Rate | 6.16% |
| 30 Year Mortgage Rate | 6.88% |
| US Building Permits MoM | 1.95% |
| US Existing Home Sales MoM | 9.50% |
| US Home Ownership Rate | 65.70% |
| US Home Vacancy Rate | 0.90% |
| US Housing Starts MoM | 10.70% |
| US New Single Family Houses Sold | 662.00K |
| US New Single Family Houses Sold MoM | -0.30% |
| US Pending Home Sales MoM | 1.61% |
| US Pending Home Sales YoY | -7.01% |
| US Rental Vacancy Rate | 6.60% |