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US Dec Building Permits Revised To -7.1%

Monday, January 28, 2008

US Dec Building Permits Revised To -7.1% From -8.1%

WASHINGTON -(Dow Jones)- U.S. building permits for December were revised to down 7.1% from November to a seasonally adjusted rate of 1.080 million, the Commerce Department reported Monday.

December building permits were originally reported as being down 8.1% at a seasonally adjusted rate of 1.068 million.

Building permits are a precursor of building activity.

Posted by MOHAMED SAID at 5:40 AM  

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