Building Permits (MoM)

The Building Permits released by the US Census Bureau, at the Department of Commerce shows the number of permits for new construction projects. It implies the movement of corporate investments (US economic development). It tends to cause some volatility to the USD. Normally, the more growing number of permits, the more positive (or bullish) for the USD.

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Most recent - Wednesday 17 May 2023 12:30

1.413M

Revised

1.437M

Forecast

1.437M

Actual

1.416M

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Next event - Tuesday 20 June 2023 12:30

1.416M

Forecast

Actual

The typical/expected impact on USD pairs is medium.

There is no forecast value for Building Permits (MoM) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Building Permits (MoM) was 1.416M against a forecast of 1.437M.

Past events

Date

Forecast

Actual

Wednesday 17 May 2023 12:30

1.437M

1.416M

Tuesday 18 April 2023 12:30

1.45M

1.413M

Thursday 16 March 2023 12:30

1.34M

1.524M

Thursday 16 February 2023 13:30

1.35M

1.339M

Thursday 19 January 2023 13:30

1.37M

1.33M

Tuesday 20 December 2022 13:30

1.47M

1.342M

Thursday 17 November 2022 13:30

1.512M

1.526M

Wednesday 19 October 2022 12:30

1.53M

1.564M

Tuesday 20 September 2022 12:30

1.61M

1.517M

Tuesday 16 August 2022 12:30

1.65M

1.674M

Tuesday 19 July 2022 12:30

1.65M

1.685M

Thursday 16 June 2022 12:30

1.785M

1.695M

Wednesday 18 May 2022 12:30

1.812M

1.819M

Tuesday 19 April 2022 12:30

1.825M

1.873M

Thursday 17 March 2022 12:30

1.85M

1.859M

Thursday 17 February 2022 13:30

1.76M

1.899M

Wednesday 19 January 2022 13:30

1.701M

1.873M

Thursday 16 December 2021 13:30

1.66M

1.712M

Wednesday 17 November 2021 13:30

1.638M

1.65M

Tuesday 19 October 2021 12:30

1.68M

1.589M

Tuesday 21 September 2021 12:30

1.61M

1.728M

Wednesday 18 August 2021 12:30

1.61M

1.635M

Tuesday 20 July 2021 12:30

1.7M

1.598M

Wednesday 16 June 2021 12:30

1.73M

1.681M

Tuesday 18 May 2021 12:30

1.77M

1.76M

Friday 16 April 2021 12:30

1.75M

1.766M

Wednesday 17 March 2021 12:30

1.75M

1.682M

Thursday 18 February 2021 13:30

1.678M

1.881M

Thursday 21 January 2021 13:30

1.604M

1.709M

Thursday 17 December 2020 13:30

1.55M

1.639M

Wednesday 18 November 2020 13:30

1.56M

1.545M

Tuesday 20 October 2020 12:30

1.52M

1.553M

Thursday 17 September 2020 12:30

1.52M

1.47M

Tuesday 18 August 2020 12:30

1.32M

1.495M

Friday 17 July 2020 12:30

1.29M

1.241M

Wednesday 17 June 2020 12:30

1.228M

1.22M

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Building Permits (MoM) result:

		Previous	Latest
Average Hourly Earnings (MoM)	Bearish change	0.4%	0.3%
Average Hourly Earnings (YoY)	Bearish change	4.4%	4.3%
Labor Force Participation Rate	(no change)	62.6%	62.6%
Nonfarm Payrolls	Bullish change	294K	339K
U6 Underemployment Rate	Bearish change	6.6%	6.7%
Unemployment Rate	Bearish change	3.4%	3.7%
ISM Manufacturing Employment Index	Bullish change	50.2	51.4
ISM Manufacturing New Orders Index	Bearish change	45.7	42.6
ISM Manufacturing PMI	Bearish change	47.1	46.9
ISM Manufacturing Prices Paid	Bearish change	53.2	44.2
S&P Global Manufacturing PMI	Bearish change	48.5	48.4
Initial Jobless Claims	Bearish change	230K	232K
Initial Jobless Claims 4-week average	Bullish change	232K	229.5K
Nonfarm Productivity	Bullish change	-2.7%	-2.1%
Unit Labor Costs	Bearish change	6.3%	4.2%
ADP Employment Change	Bearish change	291K	278K
Chicago Purchasing Managers' Index	Bearish change	48.6	40.4
Housing Price Index (MoM)	Bearish change	0.7%	0.6%
S&P/Case-Shiller Home Price Indices (YoY)	Bearish change	0.4%	-1.1%
Michigan Consumer Sentiment Index	Bullish change	57.7	59.2
UoM 5-year Consumer Inflation Expectation	Bearish change	3.2%	3.1%
Core Personal Consumption Expenditures - Price Index (MoM)	Bullish change	0.3%	0.4%
Core Personal Consumption Expenditures - Price Index (YoY)	Bullish change	4.6%	4.7%
Durable Goods Orders	Bearish change	3.3%	1.1%
Durable Goods Orders ex Defense	Bearish change	3.2%	-0.6%
Durable Goods Orders ex Transportation	Bearish change	0.3%	-0.2%
Nondefense Capital Goods Orders ex Aircraft	Bullish change	-0.6%	1.4%
Personal Income (MoM)	Bullish change	0.3%	0.4%
Personal Spending	Bullish change	0.1%	0.8%
Pending Home Sales (MoM)	Bullish change	-5.2%	0%
Chicago Fed National Activity Index	Bullish change	-0.37	0.07
Core Personal Consumption Expenditures (QoQ)	Bullish change	4.9%	5%
Gross Domestic Product Annualized	Bullish change	1.1%	1.3%
Gross Domestic Product Price Index	Bullish change	4%	4.2%
Initial Jobless Claims	Bearish change	225K	229K
Initial Jobless Claims 4-week average	(no change)	231.75K	231.75K
Personal Consumption Expenditures Prices (QoQ)	(no change)	4.2%	4.2%
New Home Sales (MoM)	Bullish change	0.656M	0.683M
S&P Global Composite PMI	Bullish change	53.4	54.5
S&P Global Manufacturing PMI	Bearish change	50.2	48.5
S&P Global Services PMI	Bullish change	53.6	55.1

About Building Permits (MoM)

Country:	United States
Currency:	USD
Source:	US Census Bureau
Category:	Housing Market
Frequency:	Monthly

Related events

	Australia		AiG Performance of Construction Index
	Australia		HIA New Home Sales (MoM)
	Australia		Building Permits (MoM)
	New Zealand		REINZ House Price Index (MoM)
	New Zealand		Building Permits s.a. (MoM)
	United States		Pending Home Sales (MoM)
	United States		Housing Starts (MoM)
	United States		S&P/Case-Shiller Home Price Indices (YoY)
	United States		New Home Sales (MoM)

Calendar - Building Permits (MoM) - United States

Building Permits (MoM)

Most recent - Wednesday 17 May 2023 12:30

Next event - Tuesday 20 June 2023 12:30

Trading range

Trading range after each Building Permits (MoM) event

Forecast history

Past events

Economic context

About Building Permits (MoM)

Related events