Economic EventHousing Starts
UnitsThousands of Starts
Current PeriodJan 2010
Release DateFeb. 17. 10
Reported591
Consensus for Current Period585
Number of Forecasts34
Economic Surprise6 ( 1.03 % )
Prior PeriodDec 2009
Reported Value for Prior Period575
Revised From557
Next Release DateMar. 16. 10
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.
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