Building permits in the United States rose 2.7 percent from a month earlier to a seasonally adjusted annual rate of 1.766 million in March 2021, from the previous month's 1.720 million and above market expectations of 1.75 million. Single-family authorizations advanced 4.6 percent to a rate of 1.199 million while permits for the volatile multi-segment dropped 1.2 percent to a rate of 567 thousand. Across regions, permits went up in the South (6.4 percent to 915 thousand) and the Midwest (2.0 percent to 254 thousand). source: U.S. Census Bureau
Building Permits in the United States averaged 1359.51 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 May of 2021.
Building Permits in the United States is expected to be 1510.00 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 1350.00 in 12 months time. In the long-term, the United States Building Permits is projected to trend around 1300.00 Thousand in 2022, according to our econometric models.