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US Home Construction Declines 10.6%

Posted by Scott Boyd at 9:00 am EST, 11/18/2009

The US Commerce Department said today that the construction of new homes and apartments fell 10.6 percent in October to a seasonally adjusted annual rate of 529,000, revised downwards from 592,000. A Thompson Reuters poll expected 600,000 new units.

Associated Press

Filed under: Forex Round Up, USD

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March
17
Today’s Global
Market Events
8:30 am
CAD
Wholesale Sales m/m
0.6% vs. 0.7%
USD
PPI m/m
-0.2% vs. 1.4%
USD
Core PPI m/m
0.1% vs. 0.3%
10:30 am
USD
Crude Oil Inventories
0.8m vs.1.4m
2:00 pm
USD
Fed Chairman Bernanke Testifies
7:50 pm
JPY
BSI Manufacturing Index
15.3 vs. 13.2