Economic EventHousing Starts
UnitsThousands of Starts
Current PeriodFeb 2010
Release DateMar. 16. 10
Reported575
Consensus for Current Period570
Number of Forecasts41
Economic Surprise5 ( 0.88 % )
Prior PeriodJan 2010
Reported Value for Prior Period611
Revised From591
Next Release DateApr. 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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