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Housing Starts Plunge a Record 30 Percent
by Mish Shedlock, The Maven:
Starts vs Econoday Consensus
- 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.
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