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Number of new buildings in USA drops sharply below forecasts

So, in January, the number of new buildings soared by 10.1% — up to 1,3 million — reaching its high since January 2008 — while earlier an increase of 9.7% — up to 1,3 million was expected.

Wall Street analysts forecast a 2.7 percent decline from the earlier January level down to $ 1,29 million.

At the same time, the number of issued permits for the construction of new homes in the United States in February decreased by 5.7% — down to 1.298 million at an annual rate.

16-03-2018, 20:37
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