US: HOUSING STARTS DECLINE BY 4.5% IN JANUARY, BUILDING PERMITS RISE BY 0.1%16 February 2023, 15:45

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  • Housing Starts in the US declined sharply in January.
  • US Dollar Index holds in positive territory slightly below 104.00.

The monthly data published by the US Census Bureau revealed on Thursday showed that Housing Starts declined by 4.5% on a monthly basis in January following December's 2.4% drop.

In the same period, Building Permits rose by 0.1% but fell short of the market expectation for an increase of 0.8%.

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