Economic EventHousing Starts
UnitsThousands of Starts
Current PeriodNov 2010
Release DateDec. 16. 10
Reported555
Consensus for Current Period549
Number of Forecasts46
Economic Surprise6 ( 1.09 % )
Prior PeriodOct 2010
Reported Value for Prior Period534
Revised From519
Next Release DateJan. 19. 11
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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