HALISTER1: U.S. ECO PREVIEW: Housing Starts Report Due in 5 Minutes

U.S. ECO PREVIEW: Housing Starts Report Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
  • Housing Starts 1260k; range 1215k to 1300k (72 estimates)
  • Starts 3.7% m/m; range 0% to 7% (72 estimates)
  • Build Permits 1270k; range 1220k to 1300k (46 estimates)
  • Permits 0.2% m/m; range -3.7% to 2.6% (46 estimates)
    • "Harsh weather in March was behind the 6.8% decline in housing starts, as the sector’s hours worked dropped. In April, hours worked fully recovered from the previous month’s plunge as the weather normalized": Bloomberg Intelligence
    • The March decline was the second since the start of the year

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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