Building Permits

Name: Building Permits
Start: 2024-08-17
End: 2024-08-17
Location: United States

Local Time:

Aug 16 2024 |

8:30 am - 9:00 am

Location: United States
Currency: USD

This event starts in:

Days

Hours

Minutes

Seconds

Building Permits show the absolute number of permits for the construction of new residential buildings issued by the government or other regulatory authority in the given month. The US Census Bureau collects this data by sending requests to regulatory authorities. The monthly survey sampling covers 9000 permit issuing offices across the country. The indicator data is seasonally adjusted.

Data on the number of building permits is used by government agencies to develop an index of leading economic indicators. The Fed Council uses the indicator in the analysis of economic conditions both at the national and regional levels. The Department of Housing and Urban Development uses data when preparing housing programs. Banks use statistics in order to assess the demand for mortgage loans in the short and medium term.

Economists analyze this indicator along with housing starts. An increase in the number of issued permits indicates an improved economy sentiment and an increase in construction investments. However, if the number of new home constructions is less than building permits, this may indicate unfavorable economic conditions, due to which projects are postponed.

The growth in the number of building permits can have a positive effect on dollar quotes.

Most Traded

Trading Opportunities

WTI: Will Iran Drag Saudi into Conflict?

October 4, 2024

China Stocks: What to Expect When Markets Reopen

October 3, 2024

NFP & Port Strikes: Why Jobs Matter This Week

October 2, 2024

USD/MXN: Sheinbaum Era Begins

October 1, 2024

Limited offer:

Get Free

The TraderKeys keyboard can take your gold trading to the next level, with preprogrammed hot keys enabling you easily execute and modify trades.

Start trading in less than 5 minutes

with no minimum deposit

AWARDED BY THE BEST

BlackBull Markets and its associated entities have access to provide over 26000 tradable instruments to clients across all our Trading Platforms.

Black Bull Group Limited (trading name: BlackBull Markets) is a company registered and incorporated in New Zealand (Company Number 5463921, NZBN 9429041417799) located at Level 20, 188 Quay St Auckland 1010. Black Bull Group Limited is a registered Financial Services Provider (FSP403326).

BBG Limited (trading name: BlackBull Markets) is limited liability company incorporated and registered under the laws of Seychelles, with company number 857010-1 and a registered address at JUC Building, Office F7B, Providence Zone 18, Mahe, Seychelles. BlackBull Markets’ head office is in Auckland, New Zealand. The Company is authorised and regulated by the Financial Services Authority in Seychelles (“FSA”) under license number SD045 for the provision of the investment services.

BlackBull Group UK Limited is registered in the United Kingdom, Company Number – 9556804. Services provided by: BlackBull Group UK Limited (Company Number – 9556804) Address – 6 Thornes Office Park Monckton Road, West Yorkshire, England, WF2 7AN.

Black Bull Trade Limited is a New Zealand limited liability company incorporated and registered under the laws of New Zealand, with NZBN 9429049891041 and registered address Floor 20, 188 Quay Street, Auckland Central, Auckland 1010, New Zealand. Black Bull Trade is registered FSP1002113.

Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.

BlackBull Markets does not accept client applications from Canada and the United States.

This offer of services is also not intended for residents of the European Union, the United Kingdom nor any non-resident of New Zealand.

The domain blackbull.com is registered under our company, Black Bull Global Limited.

Black Bull Group Limited is wholly owned by Black Bull Global Limited.