Economic EventHousing Starts
UnitsThousands of Starts
Current PeriodSep 2010
Release DateOct. 19. 10
Reported610
Consensus for Current Period580
Number of Forecasts56
Economic Surprise30 ( 5.17 % )
Prior PeriodAug 2010
Reported Value for Prior Period608
Revised From598
Next Release DateNov. 17. 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.
Close Window