Building permits in the United States rose 3.5 percent from a month earlier to a seasonally adjusted annual rate of 1.258 million in June 2020, revised data showed. Single-family authorizations were up 12.6 percent to a rate of 840 thousand, while permits for the volatile multi-segment slumped 11.1 percent to a rate of 418 thousand. Across regions, permits increased in the Midwest (9.7 percent to 181 thousand), the Northeast (10.9 percent to 122 thousand), the West (2.8 percent to 292 thousand) and the South (0.9 percent to 663 thousand).
Building Permits in the United States averaged 1356.03 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 August of 2020. source: U.S. Census Bureau
Building Permits in the United States is expected to be 1050.00 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 1200.00 in 12 months time. In the long-term, the United States Building Permits is projected to trend around 1200.00 Thousand in 2021, according to our econometric models.