Building Permits (CAD) – 06/02

 

What is it? It checks the change in the total value of new building permits issued.

It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building.

When? February 6th at 8:30am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the CAD to rise.

 

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