7/22: EconUpdate by P. Duffy

EconUpdate by P. Duffy Housing starts rise 6.3 percent in June and 29.1 percent year-on-year June housing starts rose 6.3% from May and 29.1% year-on-year to an annual rate of 1,643,000.  June single‐family housing starts in June rose by a similar amount from May to 1,160,000. The June rate for units in buildings with five units or more was 474,000. https://www.census.gov/construction/nrc/pdf/newresconst.pdf   Building permits fall 5.1 percent in May, but still up 23.3 percent year-on-year June building permits fell 5.1% from May to an annual rate of 1,598,000 (an 8-month…

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