While the Commerce Department released a report on Tuesday showing that U.S. building permits came in above economist estimates in the month of October, the release of data on housing starts was once again delayed as a result of the recent government shutdown.
The Commerce Department said building permits climbed 6.2 percent to an annual rate of 1.034 million in October from the September rate of 974,000. Economists had expected building permits to come in at an annual rate of 930,000.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.