Investing.com – The number of building permits issued in the U.S. fell unexpectedly in September, official data showed on Tuesday.
In a report, the U.S. Census Bureau said the number of building permits issued in September was a seasonally adjusted 0.54 million, down from 0.57 million in August.
Analysts had expected building permits to rise to 0.58 million in September.
The report also said that U.S. housing starts rose more-than-expected in September, rising a seasonally adjusted 0.61 million, after rising 0.61 million in August, whose figure was revised up from 0.60 million.
Analysts had expected housing starts to fall to 0.59 million in September.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.50% to hit 1.3864.
Meanwhile, the outlook for U.S. equity markets was downbeat: Dow Jones Industrial Average futures indicated a drop of 0.35%, S&P 500 futures pointed to a decline of 0.64%, while the Nasdaq 100 futures indicated a loss of 1.10%.
In a report, the U.S. Census Bureau said the number of building permits issued in September was a seasonally adjusted 0.54 million, down from 0.57 million in August.
Analysts had expected building permits to rise to 0.58 million in September.
The report also said that U.S. housing starts rose more-than-expected in September, rising a seasonally adjusted 0.61 million, after rising 0.61 million in August, whose figure was revised up from 0.60 million.
Analysts had expected housing starts to fall to 0.59 million in September.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.50% to hit 1.3864.
Meanwhile, the outlook for U.S. equity markets was downbeat: Dow Jones Industrial Average futures indicated a drop of 0.35%, S&P 500 futures pointed to a decline of 0.64%, while the Nasdaq 100 futures indicated a loss of 1.10%.