US Oct Bldg Permits Revised Up To +0.9% To 552K Unit Rate

–October Permits Originally Reported +0.5% To 550K Unit Rate

WASHINGTON (MNI) – The number of U.S. building permits issued in
October was revised up to an increase of up 0.9% to a 552,000 unit
annual rate, the Commerce Department’s Bureau of the Census said
Wednesday.

Permits issued were originally reported up 0.5% to a 550,000
unit rate.

The Census Bureau revises the latest building permits data on the
18th working day of the month, three to seven days after the release of
the preliminary estimate in the month housing starts and building
permits report.

Permits for single-family homes were revised lower to a gain of
0.5% at a 404,000 unit rate (previously up 1% at a 406,000 unit rate).
Permits for multi-unit buildings were revised up to a gain of 2.1% at a
148,000 unit rate (previously down 0.7% at a 144,000 unit rate.)

** Market News International Washington Bureau: 202-371-2121 **

[TOPICS: MAUDS$,MFU$$$,MGU$$$]