U.S. May Building Permits MoM

U.S. Department of Commerce announced the U.S. May Building Permits MoM on 2025-06-18. against a forecast of 0.30%, with the prior figure recorded as -4.00%.

Regarding the U.S. May Building Permits MoM, Actual value > Expected value = Bullish for the US dollar, A building permit refers to a written authorization obtained by a builder from the local government before starting construction. Most projects will commence in the months following the receipt of the permit. Building permit data does not reflect the actual number of starts during the reporting period but is a leading economic indicator. The faster the growth in the number of building permits, the better the outlook for the future of the real estate construction industry.

This data holds an importance level of , calculated using Year-on-year change in the annualized number of new residential buildings started from the previous month, and updates monthly. The next release is set for 2025-07-18 20:30:00.

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