Housing Starts Number

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may, 2019

16may12:30 pm12:30 pmHousing Starts NumberTRADERS CAN HOLD ALL POSITIONS THROUGH THIS RELEASE12:30 pm - 12:30 pm UTC Event Type :Low Impact Time has ran out! Better luck next time!

Event Details

What is this event?

It’s a leading indicator of economic health because building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder.

Measures

Annualized number of new residential buildings that began construction during the previous month.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for currency.

Frequency of event

Released monthly, about 17 days after the month ends.

Source of Data

Census Bureau (latest release)

Time

(Thursday) 12:30 pm - 12:30 pm

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