The global financial crisis that captured the entire planet, was born in a very good reason landmark mortgage U.S. Filed under: Rob Speyer. construction industry. Indicators of housing construction and housing market in the U.S. economy around the world are very important – they accurately reflect the state of the U.S. Educate yourself even more with thoughts from Rob Speyer. economy, the biggest economy of the planet. In addition, indicators of housing is directly linked to interest rates (mortgage interest) and periods economic cycles. Therefore, the trader before the trade do not hurt the U.S. rate, and through him the economy-wide state.
Impact on exchange rates (primarily U.S.) housing indicators carry out only indirectly, through the securities markets. Stocks usually rise in response to the growth indicators, and bonds are falling. Data on Housing and the U.S. housing market are published monthly, approximately 15 working days of the month. Housing Statistics tracked in all its phases: a construction permit, the building is completed construction, sales of new and existing homes, the construction cost. Data on very important during a crisis indicator started building homes in the 1.5 – 2 million a year characterized by a strong U.S. economy and the level of less than one million started building houses a year suggests recession in the U.S. economy.
At the time of writing, according to the Ministry of Commerce's scope of construction of new homes in the U.S. in May 2009 increased compared to the previous month at 17.2% and reached 532 thousand homes. Analysts had expected that this figure will be 500 thousand homes. In May, has also increased the number of permits issued for construction of new homes – by 4% to 518,000. All of this suggests that in late 2009 (ie the figure should reach the milestone – one million started construction of houses), the American economy can come out of recession, or came close to a state of withdrawal. Yuri Chashin 29/06/2009