US: Production and housing data in focus - TDS

Sandeep Kanihama FXStreet Contributor

In view of the analysts at TDS, March housing starts of US are expected to slow to an annualized 1260k, which would unwind last month’s 3% gain and leave residential construction at a similar pace to January.

Key Quotes

“Building permits are expected to rebound by 2.8% in March to a similar 1253k. Industrial production for March released later in the morning; the market looks for +0.5% m/m, with colder weather implying a pickup in utilities output. However, manufacturing production is expected to remain unchanged from February.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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