U.S. Building Permits over one year high

Tuesday, 20 December 2011 04:59

According to U.S. Census Bureau number of building permits issued in November increased to a seasonally adjusted 680 000 from 644 000 in October.
It is the highest level since March 2010.

Analysts had expected for November decrease by 1.4% to 635 000.

U.S. Housing Starts climbed by 9.3% to 685 000.
It is also the highest increase since April 2010, exceeding much the expectations for only 1.1% rise.

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