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United States Building Permits

Last Release
Apr 30, 2024
Actual
1,440
Units In
Thousand
Previous
1,485
Frequency
Monthly
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
2,419
Dec 1972
513
Mar 2009
1,370.75 Thousand1960-2024U.S. Census Bureau
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.

Latest Updates

Building permits in the United States fell by 3% to a seasonally adjusted annual rate of 1.440 million in April 2024, the lowest since December 2022, in line with the preliminary estimate. It marks the second consecutive drop in building permits, reflecting ongoing challenging conditions in the housing market amidst elevated borrowing costs coupled with limited supply. Approvals of units in buildings with five units or more slumped by 7.6% to a rate of 463 thousand, and single-family authorizations went down by 0.7% to an eight-month low of 977 million. Across different US regions, there were declines in permits in the Midwest (-18.6% to 166 thousand), and the West (-13.8% to 294 thousand), while increases were reported in the South (4.3% to 828 thousand), and Northeast (4.1% to 152 thousand).

United States Building Permits History

Last 12 readings

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