Building permits in the United States dropped 7.7 percent from a month earlier to a seasonally adjusted annual rate of 1.589 million in September 2021, the lowest level in a year and well below market expectations of 1.68 million. Builders have been reporting supply chain disruptions and labor shortages, while mortgage rates have been rising due to high inflation, which could also hurt demand for new homes. The volatile multi-segment tumbled 18.3 percent to a rate of 548 thousand and single-family authorizations declined 0.9 percent to a rate of 1.041 million. Permits were down in the South (-6.0 percent to 853 thousand), West (-10.9 percent to 394 thousand), and Northeast (-20.0 percent to 124 thousand). Permits in the Midwest, however, were 0.5 percent higher at 218 thousand. source: U.S. Census Bureau

Building Permits in the United States averaged 1362.47 Thousand from 1960 until 2021, 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 October of 2021.

Building Permits in the United States is expected to be 1700.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Building Permits is projected to trend around 1400.00 Thousand in 2022 and 1300.00 Thousand in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United States Building Permits


Calendar GMT Actual Previous Consensus TEForecast
2021-09-21 12:30 PM Building Permits Aug 1.728M 1.63M 1.6M 1.6M
2021-09-21 12:30 PM Building Permits MoM Aug 6% 2.3% -1.8%
2021-10-19 12:30 PM Building Permits Sep 1.589M 1.721M 1.68M 1.69M
2021-10-19 12:30 PM Building Permits MoM Sep -7.7% 5.6% -1.8%


News Stream
US Building Permits Fall to 1-Year Low
Building permits in the United States dropped 7.7 percent from a month earlier to a seasonally adjusted annual rate of 1.589 million in September 2021, the lowest level in a year and well below market expectations of 1.68 million. Builders have been reporting supply chain disruptions and labor shortages, while mortgage rates have been rising due to high inflation, which could also hurt demand for new homes. The volatile multi-segment tumbled 18.3 percent to a rate of 548 thousand and single-family authorizations declined 0.9 percent to a rate of 1.041 million. Permits were down in the South (-6.0 percent to 853 thousand), West (-10.9 percent to 394 thousand), and Northeast (-20.0 percent to 124 thousand). Permits in the Midwest, however, were 0.5 percent higher at 218 thousand.
2021-10-19
US Building Permits Beat Expectations in August
Building permits in the United States rose 6.0 percent from a month earlier to a seasonally adjusted annual rate of 1.728 million in August 2021, the highest level since April and well above market expectations of 1.60 million. The volatile multi-segment jumped 15.8 percent to a rate of 674 thousand and single-family authorizations were up 0.6 percent to a rate of 1.054 million. Permits were up across all regions: the South (6.7 percent to 914 thousand); West (3.5 percent to 445 thousand); Midwest (0.9 percent to 215 thousand); and Northeast (18.5 percent to 154 thousand).
2021-09-21
US Building Permits Rebound in July
Building permits in the United States rose 2.6 percent from a month earlier to a seasonally adjusted annual rate of 1.635 million in July 2021, following a three-month period of declines and beating market expectations of 1.61 million. The volatile multi-segment surged 11.2 percent to a rate of 587 thousand, while single-family authorizations dropped 1.7 percent to a rate of 1.048 million. Permits were up in the West (13.3 percent to 426 thousand) and Midwest (4.4 percent to 214 thousand), but were down in the South (-1.9 percent to 861 thousand) and Northeast (-0.7 percent to 134 thousand).
2021-08-18
US Building Permits Fall to 8-Month Low
Building permits in the United States dropped 5.1 percent from a month earlier to a seasonally adjusted annual rate of 1.598 million in June 2021, missing market expectations of 1.7 million. It was the third straight period of decline in building permits, which hit their lowest level since October 2020. Single-family authorizations dropped 6.3 percent to a rate of 1.063 million while permits for the volatile multi-segment fell 2.6 percent to a rate of 535 thousand. Permits were down across all regions: the South (-3.0 percent to 871 thousand); the West (-7.4 percent to 376 thousand); the Midwest (-6.7 percent to 208 thousand); and the Northeast (-8.3 percent to 143 thousand).
2021-07-20

United States Last Unit Reference Previous Highest Lowest
Building Permits 1589.00 Thousand Sep/21 1721.00 2419.00 513.00
Housing Starts 1555.00 Thousand units Sep/21 1580.00 2494.00 478.00
New Home Sales 740.00 Thousand units Aug/21 729.00 1389.00 270.00
Construction Spending 0.00 percent Aug/21 0.30 5.90 -4.80
Home Ownership Rate 65.40 percent Jun/21 65.60 69.20 62.90


United States Building Permits
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.