May 19, 2020 | Housing Starts Plunge a Record 30 Percent
- Starts: 0.891 Million Seasonally Adjusted Annualized
- Consensus Starts: 0.968 Million
Permits vs Econoday Consensus
- Permits: 1.074 Million Seasonally Adjusted Annualized
- Consensus Permits: 1.033 Million
Housing Starts, Permits, Completions Month-Over-Month Comparisons
A data download from Fred shows the next biggest month-over-month declines were 26.4% in March of 1984, and 26.2% in March of 1960.
The Econoday consensus was
Housing Starts, Permits, Completions Year-Over-Year Comparisons
Year-Over-Year declines are not as large as in the Great Recession.
A data download from Fred shows the next biggest year-over-year declines were 54.8% in January of 2009, 52.8% in April of 2009, and 50.6% May of 1980. iand 26.2% in March of 1960.
Mish
STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.
Mike 'Mish' Shedlock May 19th, 2020
Posted In: Mish Talk
Next: Coronavirus Bankruptcy Pandemic »