US January housing starts 1.638m vs 1.70m expectedPrior was 1.702m (revised to 1.708m)
Building permits 1.899m vs 1.76m exp
Prior permits 1.885m
Permits +0.7%, starts -4.1%
I think the chart of building permits is the tell. It's going to be a very busy construction season.
Source: US January housing starts 1.638m vs 1.70m expected (https://www.forexlive.com/news/us-january-housing-starts-1638m-vs-170m-expected-20220217/)
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