Building permits in the United States decreased by 1.4 percent to a seasonally adjusted annual rate of 1.417 million in April 2023, according to revised data. This decline represents the second consecutive month of decreased building permits, indicating ongoing pressure on the housing market mainly due to the impact of rising interest rates and persistent high inflation. source: U.S. Census Bureau
Building Permits MoM in the United States averaged 0.22 percent from 1960 until 2023, reaching an all time high of 33.90 percent in January of 1967 and a record low of -24.00 percent in February of 1990. This page includes a chart with historical data for the United States Building Permits MoM. United States Building Permits MoM - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.