US Building Permits

Description

US building permits measure the number of new privately-owned housing units authorized for construction. A leading indicator of future housing supply and construction employment.

Key risks

macro-risk

This risk may negatively affect the instrument’s performance under certain market conditions.

The list of risks is not exhaustive and highlights the most material structural and market-related factors.

Portfolio role & behavior

Economic role

benchmark

Behavior

pro-cyclical

The information provided is for analytical and informational purposes only and does not constitute investment advice.

Any decisions are made independently by the user and at their own risk.

For details, see legal terms.