Home > Blog > What is US Building Permits Data and the importance of Data

What is US Building Permits Data and the importance of DataBack

US Building Permits Data is also called Residential Building Permit. It is a annualized number of new residential building permits issued by the government during the previous month.
This data is relaesed by the U.S. census bureau, they reports the finalized number of the total monthly building permits on the 18th work day of every month.

Why Traders care about it

It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building.

Importance of Building Permits data

Its a high impact data which will affect to USD, Bullion and Base Metals. Traders must care about this data.

If Actual comes higher than the Forecast that is a good sign for USD & Metals Negative for Bullion. (Vice-versa)

Today's data: Actual Will come @ 7PM Forecast 1.15M


NIFM is providing you so many courses for different profile job in this market. Like Dealer, Relationship Manager, Technical Analyst, Fundamental Analyst, Risk Management etc. 

If you want to make your carrier in Stock market join this course. Anyone can take class after 10+2. If you are a house wife or a retired person but want to do something from home. It is a great opportunity to you. Don’t Miss it. 

For more detail call NIFM 011-45646322, 9910300590, Website: www.nifm.in


Posted on: 17-Nov-2015 | Posted by: NIFM | Comment('0')
Comment Box
Email Id



Admission Enquiry

Design & Developed by www.appitsolutions.com