This morning’s data on Housing Starts and Building Permits was a bit of a mixed bag, with little in the way of big changes on a month to month basis.  On a y/y basis, though, total starts bounced nearly 10% while permits continued their downward trend, falling over 10% relative to last year.

housing starys building permits

In today’s Chart of the Day sent to paid subscribers, we analyzed the trend in Building Permits to see what it tells us about the broader economy.  To view the report, please start a 14-day free trial below.

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