Share

Usa: construction sites down by 0,3%, but permits are booming. Unemployment benefits go down

The most significant figure is that of the West, where construction sites fell by 16,5%, while they grew in the other states. Permits increased by 10,9%. Meanwhile, the demand for unemployment benefits is falling: 5 thousand less, 388 thousand in total.

Usa: construction sites down by 0,3%, but permits are booming. Unemployment benefits go down

According to data from the US Department of Commerce, construction sites throughout the country fell by 0,3%, while permits increased by 10,9%..

In detail, new starts grew 1,6% in the South, 9,7% in the Midwest, and 17,2% in the Northeast while they fell 16,5% in the West region. The number of construction sites currently open, therefore not on an annual basis, is dropped in the month to 54 units from 57,600 in September.

Meanwhile unemployment benefits drop to 388: -5 thousand compared to the previous figure

comments