Okay, let’s call the Housing Starts & Building Permits numbers as a mixed bag.
Housing Starts MoM
Building Permits MoM
The March Housing Starts number was the lowest since October of 2011, and well below the consensus estimate of economists. The Month on Month percentage change kind of fell off the table at -5.8%. That certainly is not good news. The good news is that Building Permits in March were above economists consensus estimates at 747K.
Yeah, let’s call it a mixed bag.
Assistant State Treasurer
Chief Investment Officer
State of Louisiana
Department of the Treasury
445 North Blvd, 7th Floor
Baton Rouge, LA 70802
P.O. Box 44154 Capitol Station
Baton Rouge, LA 70804-4154
One City Plaza, 7th Floor
Corner of North Blvd & 4th Street
Exit 1B I-110 Convention Street,
Turn Left to get to North Blvd,
Turn Right on North Blvd