Housing Starts (MoM)

The Housing Starts released by the US Census Bureau, at the Department of Commerce is an indicator that tracks how many new single-family homes or buildings were constructed. For the survey each house and each single apartment are counted as one housing start. The figures include all private and publicly owned units. It indicates movements of the US housing market. Generally, a high reading anticipates positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish).

Most recent - Tuesday, 18 March 12:30

Previous
1.35M
Revised
1.35M
Forecast
1.38M
Actual
1.501M

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Thursday, 17 April 12:30

Previous
1.501M
Forecast
1.42M
Actual
-

The typical/expected impact on USD pairs is medium.

The consensus forecast for Housing Starts (MoM) is 1.42M. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Trading range

Forecast history

The most recent announced value for Housing Starts (MoM) was 1.501M against a forecast of 1.38M.

Past events

Date
Forecast
Actual
18 March 2025 12:30
1.38M
1.501M
19 February 2025 13:30
1.4M
1.366M
17 January 2025 13:30
1.32M
1.499M
18 December 2024 13:30
1.34M
1.289M
19 November 2024 13:30
1.33M
1.311M
18 October 2024 12:30
1.35M
1.354M
18 September 2024 12:30
1.31M
1.356M
16 August 2024 12:30
1.33M
1.238M
17 July 2024 12:30
1.31M
1.353M
20 June 2024 12:30
1.37M
1.277M
16 May 2024 12:30
1.42M
1.36M
16 April 2024 12:30
1.48M
1.321M
19 March 2024 12:30
1.425M
1.521M
16 February 2024 13:30
1.46M
1.331M
18 January 2024 13:30
1.426M
1.46M
19 December 2023 13:30
1.36M
1.56M
17 November 2023 13:30
1.35M
1.372M
18 October 2023 12:30
1.38M
1.358M
19 September 2023 12:30
1.44M
1.283M
16 August 2023 12:30
1.448M
1.452M
19 July 2023 12:30
1.48M
1.434M
20 June 2023 12:30
1.4M
1.631M
17 May 2023 12:30
1.4M
1.401M
18 April 2023 12:30
1.4M
1.42M
16 March 2023 12:30
1.31M
1.45M
16 February 2023 13:30
1.36M
1.309M
19 January 2023 13:30
1.359M
1.382M
20 December 2022 13:30
1.415M
1.427M
17 November 2022 13:30
1.41M
1.425M
19 October 2022 12:30
1.475M
1.439M
20 September 2022 12:30
1.445M
1.575M
16 August 2022 12:30
1.54M
1.446M
19 July 2022 12:30
1.585M
1.559M
16 June 2022 12:30
1.701M
1.549M
18 May 2022 12:30
1.765M
1.724M
19 April 2022 12:30
1.745M
1.793M

Economic context

Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next Housing Starts (MoM) result:

PreviousLatest
Michigan Consumer Sentiment IndexBearish change5750.8
UoM 5-year Consumer Inflation ExpectationBullish change4.1%4.4%
Michigan Consumer Expectations IndexBearish change52.647.2
UoM 1-year Consumer Inflation ExpectationsBullish change56.7
Producer Price Index (MoM)Bearish change0.1%-0.4%
Producer Price Index (YoY)Bearish change3.2%2.7%
Producer Price Index ex Food & Energy (MoM)Bearish change0.1%-0.1%
Producer Price Index ex Food & Energy (YoY)Bearish change3.5%3.3%
Monthly Budget StatementBullish change$-307B$-161B
Consumer Price Index (MoM)Bearish change0.2%-0.1%
Consumer Price Index (YoY)Bearish change2.8%2.4%
Consumer Price Index ex Food & Energy (MoM)Bearish change0.2%0.1%
Consumer Price Index ex Food & Energy (YoY)Bearish change3.1%2.8%
Initial Jobless ClaimsBearish change219K223K
Average Hourly Earnings (MoM)Bullish change0.2%0.3%
Average Hourly Earnings (YoY)Bearish change4%3.8%
Labor Force Participation RateBullish change62.4%62.5%
Nonfarm PayrollsBullish change117K228K
U6 Underemployment RateBullish change8%7.9%
Unemployment RateBearish change4.1%4.2%
ISM Services Employment IndexBearish change53.946.2
ISM Services New Orders IndexBearish change52.250.4
ISM Services PMIBearish change53.550.8
ISM Services Prices PaidBearish change62.660.9
S&P Global Composite PMI(no change)53.553.5
Initial Jobless ClaimsBullish change225K219K
Challenger Job CutsBullish change172.017K275.24K
Factory Orders (MoM)Bearish change1.8%0.6%
ADP Employment ChangeBullish change84K155K
ISM Manufacturing Employment IndexBearish change47.644.7
ISM Manufacturing New Orders IndexBearish change48.645.2
ISM Manufacturing PMIBearish change50.349
ISM Manufacturing Prices PaidBullish change62.469.4
JOLTS Job OpeningsBearish change7.762M7.568M

About Housing Starts (MoM)

Country:United States
Currency:USD
Source:US Census Bureau
Category:Housing Market
Frequency:Monthly
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