US housing starts up 14.8% in November - Breaking The News

US housing starts up 14.8% in November

19 December

1 min read

EPA-EFE/TANNEN MAURY

Privately-owned housing starts in the United States recorded a monthly increase of 14.8% in November and landed at 1,560,000, the US Census Bureau revealed in its report published on Friday. The number rose by 9.3% compared to the same month 2022.

Single-family housing starts were up 18% to 1,143,000 on a monthly basis, and single-family housing completions fell by 3.2% to 960,000 units.

Building permits for privately-owned housing units fell by 2.5% to stand at 1,460,000 in November but increased by 4.1% year-over-year. Single-family authorizations in November were up by 0.7% to reach 976,000.

data housing starts

EIA: US natural gas inventories up by 71 Bcf

8 hours ago

Working natural gas in storage across the United States increased by 71 billion cubic feet in the week ending September 5 compared to the previous seven-day period to reach 3,343 billion cubic feet, the Energy Information Administration (EIA) said in its report published on Thursday.On an annual level, the figure declined by 38 billion cubic feet. Additionally, the stockpiles grew by 188 billion cubic feet above the five-year average of 3,155 billion cubic feet....

US initial jobless claims up by 27,000 to 263,000

10 hours ago

The number of seasonally adjusted initial jobless claims in the United States in the week ending September 5 rose by 27,000 compared to the previous seven-day period to 263,000, the Department of Labor said in its report published on Thursday. The figure came in widely higher than expected. The four-week moving average increased by 9,750 from the previous week's unrevised average to 240,500.The advance seasonally adjusted insured...

US inflation up from 2.7% to 2.9% in August

10 hours ago

The annual inflation rate in the United States came in at 2.9% in August, rising slightly compared to July's 2.7%, the Department of Labor Statistics (DLS) announced in its report published on Thursday. The figure matched expectations. Month-on-month, the Consumer Price Index (CPI) rose by 0.4%.The prices of food grew by 0.5% compared to the previous month, while those of energy advanced by 0.7%. Year-on-year, the food index went up by 3.2%, and the...

Japan's producer prices rise 2.7% in August

a day ago

Japan's producer price index (PPI) rose by 2.7% in August compared to the same time period last year, as seen in a report released by the Bank of Japan on Thursday.The results were within market expectations but marked a slight increase from July's 2.6% increase. On a month‑over‑month basis, the PPI edged down 0.2%, reversing a 0.2% increase in the previous month.The report also noted a 1.1% year‑on‑year drop in Japan's export price index, alongside a...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.