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.

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United States Building Permits

Actual Previous Highest Lowest Dates Unit Frequency
1766.00 1720.00 2419.00 513.00 1960 - 2021 Thousand Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-17 12:30 PM Building Permits MoM Feb -10.8% 10.7% -7.2%
2021-03-17 12:30 PM Building Permits Feb 1.682M 1.886M 1.75M 1.75M
2021-04-16 12:30 PM Building Permits Mar 1.766M 1.72M 1.75M 1.77M
2021-04-16 12:30 PM Building Permits MoM Mar 2.7% -8.8% 2.9%


News Stream
US Building Permits Beat Forecasts in March
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). The housing market has been supported by low interest rates and increasing demand from people moving away from big cities due to the coronavirus crisis.
2021-04-16
US Building Permits Fall More than Forecast
Building permits in the United States tumbled 10.8 percent from a month earlier to a seasonally adjusted annual rate of 1.682 million in February 2021, down from the previous month's 15-year high of 1.886 million and below market expectations of 1.75 million. Single-family authorizations plunged 10.0 percent to a rate of 1.143 million while permits for the volatile multi-segment dropped 12.5 percent to a rate of 539 thousand. Across regions, permits went down in the South (-13.9 percent to 833 thousand), the West (-11.3 percent to 426 thousand) and the Northeast (-9.8 percent to 174 thousand). Meanwhile, building permits in the Midwest rose 1.2 percent to 249 thousand.
2021-03-17
US Building Permits Hit Highest Since May 2006
Building permits in the United States soared 10.4 percent from a month earlier to a seasonally adjusted annual rate of 1.881 million in January of 2021 and well above market expectations of 1.678 million. It was the strongest number since May of 2006 as permits for buildings with five units or more jumped 28 percent to a rate of 557 thousand and single-family authorizations increased 3.8 percent to a rate of 1,269 thousand. Across regions permits rose in the Northeast (39.3 percent to 195 thousand); the South (8.3 percent to 954 thousand) and in the West (11.7 percent to 486 thousand); while they fell in the Midwest (-0.8 percent to 246 thousand).
2021-02-18
US Building Permits Hit Highest Since 2006
Building permits in the United States soared 4.5 percent from a month earlier to a seasonally adjusted annual rate of 1.709 million in December of 2020, well above market expectations of 1.60 million and the highest level since August of 2006. Single family authorizations rose 7.8 percent to a rate of 1.226 million while permits for buildings with five units or more fell 2.0 percent to a rate of 437 thousand. Across regions permits went up in the Midwest (13.6 percent to 251 thousand), West (11.2 percent to 438 thousand) and South (1.3 percent to 879), while they fell in the Northeast (-7.2 percent to 141 thousand).
2021-01-21

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.