Economic EventHousing Starts
UnitsThousands of Starts
Current PeriodJul 2010
Release DateAug. 17. 10
Reported546
Consensus for Current Period560
Number of Forecasts34
Economic Surprise-14 ( -2.50 % )
Prior PeriodJun 2010
Reported Value for Prior Period537
Revised From549
Next Release DateSep. 21. 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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