MNI China Daily Summary: Thursday, August 1

MNI: BOE VOTES 5-4 FOR 25 BPS RATE CUT AT AUG MEETING

MNI BRIEF: BOJ To Focus On Continued Positive Wage Setting

MNI BRIEF: CNB Cuts 2W Repo Rate By 25Bps To 4.5%

MNI BRIEF: Japan Q2 GDP To Rise 0.5% Q/Q; 2.2% Annualised

MNI BRIEF: China Retains Ample Policy Space In H2 – NDRC

MNI: US Q2 PREL UNIT LABOR COSTS +0.9% VS Q1 +3.8%; Y/Y +0.5%

MNI: US JOBLESS CLAIMS +14K TO 249K IN JUL 27 WK

VDMA Factory Orders Remain Weak in June

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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US Data: New Residential Construction - Summary> 

Release for:         June 2018
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
                                             yr-ago % chg mo/mo:   % chg
                         Jun-18 May-18 Apr-18 Jun-17 Jun-18 May-18  y/y:
Housing starts             1173   1337   1276   1225  -12.3    4.8   -4.2
  (previous)                --    1350   1286    --     --     --     --
  Single-family             858    944    898    860   -9.1    5.1   -0.2
    1-fam % of total       73.1   70.6   70.4   70.2    --     --     --
  Total multi-family*       315    393    378    365  -19.8    4.0  -13.7
    multi-fam % of total   26.9   29.4   29.6   29.8    --     --     --
  Northeast                  96    103     96    160   -6.8    7.3  -40.0
  Midwest                   156    243    160    204  -35.8   51.9  -23.5
  South                     601    661    669    530   -9.1   -1.2   13.4
  West                      320    330    351    331   -3.0   -6.0   -3.3
Housing starts (unadj)    111.5  123.8  117.5  116.3   -9.9    5.4   -4.1
Building permits           1273   1301   1364   1312   -2.2   -4.6   -3.0
  Single-family             850    843    863    813    0.8   -2.3    4.6
    1-fam % of total       66.8   64.8   63.3   62.0    --     --     --
  Total multi-family*       423    458    501    499   -7.6   -8.6  -15.2
    multi-fam % of total   33.2   35.2   36.7   38.0    --     --     --
  Northeast                 112    134     95    105  -16.4   41.1    6.7
  Midwest                   170    209    195    212  -18.7    7.2  -19.8
  South                     664    625    727    643    6.2  -14.0    3.3
  West                      327    333    347    352   -1.8   -4.0   -7.1
Building permits (unadj)  119.8  125.0  119.9  130.8   -4.2    4.3   -8.4
Completions                1261   1261   1257   1234    0.0    0.3    2.2
  Single-family             862    882    797    819   -2.3   10.7    5.3
    1-fam % of total       68.4   69.9   63.4   66.4    --     --     --
  Total multi-family*       399    379    460    415    5.3  -17.6   -3.9
    multi-fam % of total   31.6   30.1   36.6   33.6    --     --     --
Completions (unadj)       113.5  105.8   94.7  109.9    7.3   11.7    3.3
Homes Not Started           160    158    164    145    1.3   -3.7   10.3
Homes Under Construction   1121   1127   1123   1069   -0.5    0.4    4.9
  ** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDA$,MAUH0$]
USData StoriesImpactDataData Tabledata-HeadlineHeadlineFixed Income BulletsForeign Exchange BulletsRegionNorth America
USData StoriesImpactDataData Tabledata-HeadlineHeadlineFixed Income BulletsForeign Exchange BulletsRegionNorth America
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