US: Housing Starts Rise 2.2% In April, Building Permits Decline 1.5%
May 17, 2023 at 11:10 AM EDT
The monthly data published by the US Census Bureau revealed on Wednesday that Housing Starts rose by 2.2% on a monthly basis in April following March 4.5% decline. This reading came in better than the market expectation for an increase of 1.9%.