HALISTER1: U.S. ECO PREVIEW: Housing Starts, Bldg Permits Due in 5 Minutes

U.S. ECO PREVIEW: Housing Starts, Bldg Permits Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.
  • Housing Starts 1175k; range 1100k to 1236k (72 estimates)
  • Starts -0.4% m/m; range -6.8% to 4.8% (72 estimates)
  • Build Permits 1245k; range 1130k to 1356k (48 estimates)
  • Permits -2.1% m/m; range -11.2% to 6.6% (48 estimates)
    • "While there is room for improvement in the short run due to post-storm rebuilding, an aging population could limit the upside potential in the long run. In fact, working population growth trend has slowed to the lowest level in decades”: Bloomberg Intelligence
    • In August, housing starts fell 0.8 percent to 1.180 million at an annual rate, the sixth decline since the start of the year
To contact the reporters on this story: Chris Middleton in Washington at cmiddleton2@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble

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Source: BFW (Bloomberg First Word)

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