Economic EventHousing Starts
UnitsThousands of Starts
Current PeriodMar 2010
Release DateApr. 16. 10
Reported626
Consensus for Current Period605
Number of Forecasts52
Economic Surprise21 ( 3.47 % )
Prior PeriodFeb 2010
Reported Value for Prior Period616
Revised From575
Next Release DateMay. 18. 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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