Investing.com – The number of building permits issued in the U.S. fell slightly more-than-expected in January, official data showed on Wednesday.
In a report, the U.S. Census Bureau said the number of building permits issued in January was a seasonally adjusted 0.56 million, down from 0.63 million in December, whose figure was revised down from 0.64 million.
Analysts had expected building permits to fall to 0.57 million in January.
The report also said that U.S. housing starts rose more-than-expected in January, increasing to a seasonally adjusted 0.60 million, compared to 0.52 million in December, whose figure was revised down from 0.53 million.
Analysts had expected housing starts to rise to 0.55 million in January.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.10% to hit 1.3472.
Meanwhile, the outlook for U.S. equity markets was upbeat: Dow Jones Industrial Average futures pointed to a rise of 0.30%, S&P 500 futures indicated a gain of 0.36%, while the Nasdaq 100 futures were up 0.26%.
In a report, the U.S. Census Bureau said the number of building permits issued in January was a seasonally adjusted 0.56 million, down from 0.63 million in December, whose figure was revised down from 0.64 million.
Analysts had expected building permits to fall to 0.57 million in January.
The report also said that U.S. housing starts rose more-than-expected in January, increasing to a seasonally adjusted 0.60 million, compared to 0.52 million in December, whose figure was revised down from 0.53 million.
Analysts had expected housing starts to rise to 0.55 million in January.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.10% to hit 1.3472.
Meanwhile, the outlook for U.S. equity markets was upbeat: Dow Jones Industrial Average futures pointed to a rise of 0.30%, S&P 500 futures indicated a gain of 0.36%, while the Nasdaq 100 futures were up 0.26%.