U.S. April Building Permits MoM

U.S. Department of Commerce announced the U.S. April Building Permits MoM on 2025-05-16. The reported figure stands at -4.7%, against a forecast of -1.20%, with the prior figure recorded as 0.50%.

Regarding the U.S. April Building Permits MoM, Actual value > Expected value = Bullish for the US dollar, A building permit refers to the written authorization obtained by builders from the local government before starting construction. Most projects will commence in the months following the issuance of the permit. Building permit data does not reflect the actual number of starts during the data release period, but serves as a leading economic indicator. The faster the growth in the number of building permits, the better the future outlook for the real estate construction industry.

This data holds an importance level of , calculated using Year-on-year change in the annualized number of newly built homes started in the previous month, and updates monthly.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.

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