FYI: Today’s reads on Housing Starts and Building Permits came in mixed relative to expectations and also in terms of revisions. First the bad news. In the case of Housing Starts, the seasonally adjusted annualized reading (SAAR) for August came in at 1.126 mln, which was below the consensus forecast of 1.16 mln. Along with the weaker than expected headline number, July’s reading was also revised down from 1.206 mln to 1.161 mln.b.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/housing-data-mixed-2/
