Titan FX

MoM Change in Building Permits in the US

Country:
USDUnited States
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in Building Permits in the US

The month-over-month change in building permits indicates how the number of permits for new construction projects in the U.S. has increased or decreased compared to the previous month. This data is released monthly by the U.S. Census Bureau and is crucial for evaluating trends in the construction of new homes and commercial buildings.

Month-over-month data helps to understand how building permit numbers are fluctuating over short periods. An increase in the number of permits suggests that construction activity is robust, indicating economic expansion. Conversely, a decrease in permits suggests that construction activity may be stagnating, indicating an economic slowdown.

This data serves as a reference for policymakers to evaluate trends in the construction industry and formulate appropriate economic policies. It is also an essential resource for businesses and investors to gauge trends in building permits and forecast the economic outlook.

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