Building permits for United States measures the number of residential and commercial construction permits issued in the reference period. It is a leading indicator for housing starts by 1–3 months.
Why FX traders watch it
Because permits must be obtained before construction begins, the permits data gives advance warning of the future pipeline of housing activity. It is tracked alongside starts to assess the trajectory of the construction cycle.
How to interpret the data
Rising permits above consensus signals an expanding construction pipeline, which is economically stimulative and usd-positive. Falling permits suggest tightening credit conditions or declining confidence in the housing market.
Historical Building Permits (USD)
Source: FRED (BEA/BLS/Fed)
· Monthly
· Thousands (SAAR)
Optional upper bound. Defaults to the current date.
api_key
CONDITIONAL
string
Required for non-USD announcement requests. USD announcement requests are public without an API key.
Example Usage
To retrieve Building Permits data for USD from 2023:
GET https://fxmacrodata.com/api/v1/announcements/usd/building_permits?start_date=2023-01-01&end_date=2023-12-31
Frequently Asked Questions
How often is United States Building Permits updated?
Building Permits for United States is released on a monthly schedule by Federal Reserve (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is Building Permits reported in?
The series is published in Thousands (SAAR). The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source United States Building Permits data?
Data is fetched directly from Federal Reserve or the official national statistics publication for United States. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query Building Permits for United States via the API?
Issue a GET request to /api/v1/announcements/usd/building_permits?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.