Building permits in the United States were unchanged at a seasonally adjusted annual rate of 1.545 million in October 2020, remaining at the highest level since March 2007 but missing market expectations of 1.56 million. Single-family authorizations increased 0.6 percent to a rate of 1.120 million while permits for the volatile multi-segment fell 1.6 percent to a rate of 425 thousand. Across regions, permits went up in the South (0.7 percent to 821 thousand), the West (0.5 percent to 377 thousand) and the Midwest (2.9 percent to 213 thousand). However, a 9.5 percent decline in the Northeast's building permits offset other region's gains. source: U.S. Census Bureau
Building Permits in the United States averaged 1356.89 Thousand from 1960 until 2020, reaching an all time high of 2419 Thousand in December of 1972 and a record low of 513 Thousand in March of 2009. This page provides the latest reported value for - United States Building Permits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Building Permits - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Building Permits in the United States is expected to be 1380.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Building Permits in the United States to stand at 1470.00 in 12 months time. In the long-term, the United States Building Permits is projected to trend around 1200.00 Thousand in 2021 and 1300.00 Thousand in 2022, according to our econometric models.