USA: Housing starts slightly below expectations: Housing starts fell 0.9% in June in the United States, according to the Department of Commerce’s seasonally adjusted data, at 1,253,000 in annualized terms, where the consensus expected 1,260,000.
The number of building permits, supposed to foreshadow future housing starts, came in at 6.1% to 6.120 million, well below the 1,300,000 expected by economists on average.
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Seth Statnick was born and raised in California but moved east when he was 25. Apart from running his own consulting firm. Seth spends his time rowing. As a financial journalist Seth has published stories for NPR Business Online, as well as Buzz Feed and Motherboard. As a contributor to The Ticker Times, Seth mostly covers markets and trade.
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