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Housing Starts MoM

Name: Housing Starts MoM
Creator: TipRanks

Housing Starts MoM (Month-over-Month) in the USA measures the percentage change in the number of new residential construction projects that have begun during a specific month compared to the previous month. It is a key indicator of economic health, reflecting consumer confidence and the demand for housing. A rise in housing starts suggests economic growth, while a decline may indicate economic slowdown. This data is closely watched by financial markets as it can influence interest rates, stock prices, and economic policy decisions.