Canada building permits for December -7.3% versus -5.0% expected
Prior report was 14.1%Building permits -7.3% MoM for December vs -5.0% estimateResidential construction felt -8.4% to $6.5 billionNonresidential felt -5.3% to $3.8 billionThe data can be quite volatile, but the recent trend is back to the downside. This article was written by Greg Michalowski at www.forexlive.com.
- Prior report was 14.1%
- Building permits -7.3% MoM for December vs -5.0% estimate
- Residential construction felt -8.4% to $6.5 billion
- Nonresidential felt -5.3% to $3.8 billion
The data can be quite volatile, but the recent trend is back to the downside.
This article was written by Greg Michalowski at www.forexlive.com.
