Economic EventHousing Starts
UnitsThousands of Starts
Current PeriodApr 2010
Release DateMay. 18. 10
Reported672
Consensus for Current Period652
Number of Forecasts42
Economic Surprise20 ( 3.07 % )
Prior PeriodMar 2010
Reported Value for Prior Period635
Revised From626
Next Release DateJun. 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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