US January housing starts 1.638m vs 1.70m expected

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Adam Button

17/02/2022 | 13:30 GMT

Starts and permits data

Prior 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.

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