U.S. Housing Starts

The housing starts, and building permits report is a monthly report published by the U.S. Census Bureau and the Department of Housing and Urban Development. The report provides data on the number of new residential construction projects that have started and the number of building permits issued during the previous month.

This report is important because it provides insight into the health of the housing market. When there is an increase in the number of housing starts and building permits issued, it indicates that there is a demand for new housing and that the housing market is growing. This can have a positive impact on the economy, as new construction projects create jobs and stimulate economic activity.

Conversely, a decrease in the number of housing starts and building permits issued can indicate that the housing market is slowing down. This can have a negative impact on the economy, as it can lead to a decrease in construction jobs and a slowdown in economic activity. 

Overall, the housing starts and building permits report is an important indicator of the state of the housing market and can provide valuable information for policymakers, investors, and anyone interested in the health of the economy.