Economic EventHousing Starts
UnitsThousands of Starts
Current PeriodOct 2009
Release DateNov. 18. 09
Reported529
Consensus for Current Period599
Number of Forecasts48
Economic Surprise-70 ( -11.69 % )
Prior PeriodSep 2009
Reported Value for Prior Period592
Revised From590
Next Release DateDec. 16. 09
Next Release Time8:30 AM Eastern Time
Source http://www.census.gov/const/newresconst.pdf
Note 
DescriptionHousing Starts represent the beginning of a construction of a house or apartment building. Since housing activity usually leads the business cycle this economic release can be useful in spotting cyclical turning points. Empirical work has shown that significant surprises in Housing Starts are correlated with stock price movements.
Close Window