Daily Archives: March 19, 2025

Macro Briefing: 19 March 2025

US housing starts rebounded in February, but newly issued building permits — a leading indicator for residential construction — eased for a second month and fell 6.8% vs. the year-ago level. “January’s dramatic drop in housing starts, largely driven by exceptionally cold weather, reversed in February, but a decline in housing permits tempered the optimism. Looming tariffs are creating considerable uncertainty about construction costs, limiting activity,” advises Bloomberg Economics.

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