Building permits in the United States rose 4.7 percent from a month earlier to a seasonally adjusted annual rate of 1.545 million in September 2020, the highest level since March 2007, revised data showed at the end of October. Single-family authorizations increased 7.2 percent to a rate of 1.113 million while permits for the volatile multi-segment fell 1.4 percent to a rate of 432 thousand. Across regions, permits went up in the South (2.1 percent to 815 thousand), the West (1.4 percent to 375 thousand), the Midwest (10.1 percent to 207 thousand) and the Northeast (23.3 percent to 148 thousand). source: U.S. Census Bureau
Building Permits in the United States averaged 1356.63 Thousand from 1960 until 2020, reaching an all time high of 2419 Thousand in December of 1972 and a record low of 513 Thousand in March of 2009. This page provides the latest reported value for - United States Building Permits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Building Permits - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Building Permits in the United States is expected to be 1380.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Building Permits in the United States to stand at 1470.00 in 12 months time. In the long-term, the United States Building Permits is projected to trend around 1200.00 Thousand in 2021 and 1300.00 Thousand in 2022, according to our econometric models.