📈 Building Permits Data 7:30 AM

What it is and the numbers to watch.

Building Permits Data 7:30 AM

We have Building Permits data releasing at 7:30 AM.

This data indicates the change in new building permits issued by the government, which gives us a sense of how housing/home building is likely to perform in the future.

This data will likely move XHB which has been a hot sector.

Numbers to Watch

Our last reading came in at 1.49K which was essentially in line with the prior month.

Good news would be anything above 1.5K and bad news would be anything below last month’s 1.49K.

Above is a look at how building permits have trended over the last few years. You can see that for the past year we have been making steady gains and we are looking to continue that trend.