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New US Home Construction Declines in December

Posted by Scott Boyd at 8:42 am UTC, 01/20/2010

The US Commerce Department announced this morning that construction of new homes for the month of December fell by 4 percent to a seasonally adjusted annual rate of 557,000 from an upwardly revised 580,000. The results were lower than the 580,000 forecast by economists surveyed by Thomson Reuters.

Associated Press

Filed under: Forex Round Up, USD

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May
23
Today’s Global
Market Events
All Day
EUR
EU Economic Summit
8:30am
CAD
Core Retail Sales m/m
0.5% vs. 0.5%
CAD
Retail Sales m/m
0.4% vs. -0.2%
CAD
Leading Index m/m
0.3% vs. 0.4%
10:00am
USD
New Home Sales
335K vs. 328K
USD
HPI m/m
0.4% vs. 0.3%
10:30am
USD
Crude Oil Inventories
0.8M vs. 2.1M
6:45pm
NZD
Trade Balance
400M vs. 134M
10:00pm
NZD
Annual Budget Release
10:30pm
CNY
HSBC Flash Manufacturing PMI
49.3