Pantheon Macroeconomics - We were surprised by the weakness of the April housing starts report; we expected a robust recovery after the March numbers were depressed by the severe snowstorms across a large swathe of the country.  Instead, single-family permits rose only trivially and multi-family activity--which is always volatile--fell by 9% month-to-month.

U.S. Documents | 16 June 2017 Housing Construction Should Rebound
We were surprised by the weakness of the April housing starts report; we expected a robust recovery after the March numbers were depressed by the severe snowstorms across a large swathe of the country. Instead, single-family permits rose only trivially and multi-family activity--which is always volatile--fell by 9% month-to-month.

Sorry, but our website is best viewed on a device with a screen width greater than 320px. You can contact us at: info@pantheonmacro.com.

16 June 2017 Housing Construction Should Rebound

By Ian Shepherdson

We were surprised by the weakness of the April housing starts report; we expected a robust recovery after the March numbers were depressed by the severe snowstorms across a large swathe of the country. Instead, single-family permits rose only trivially and multi-family activity--which is always volatile--fell by 9% month-to-month.

Posted: 15th Jun 2017 in 'U.S. Documents'

This document is only available to subscribers of our U.S. Economic Research.

Request a complimentary trial or login here

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release. To activate a complimentary trial on any of these areas, please click here.

U.S. Economic ResearchEurozone Economic ResearchLatin America Economic ResearchUK Economic ResearchAsia Economic Research

« Go back to publications list, or Click here to register for a complimentary trial
Consistently Right

Access Key Enabled Navigation

Keywords for: U.S. Documents | 16 June 2017 Housing Construction Should Rebound

housing stats, may, weakness, consumer confidence, manufacturing recovery, manufacturing, mortgage demand, mortgages, forecast, home sales, sales, gdp, gdp growth, consumer sentiment, michigan consumer sentiment, philly fed, empire state survey, pantheon macroeconomics, pantheon, macroeconomic, macroeconomics, independent advice, independent analysis, advisors, advisers, advisor, advice, independent, analysis, research, economic intelligence, economy, economic, economics, economists, Dr. Ian Shepherdson, Ian Shepherdson, financial market, financial, market, finance, macro, macro research, independent macro research