Number of new foundation bookmarksWhat is the essence: The report measures the number of houses, went under construction in the previous month.
Why it should be followed: the indicator is directly related to the rate of economic growth. E.g., the continuous reduction in the number of US construction projects may indicate an impending recession. At the same time, an increase in activity may indicate a positive period in the country's economy. This also affects the dollar rate (USD).
When data is published: around the 17th day of each month.