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Leading Economic Indicators - August 2018

Building permits increase in July. Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,311,000, +1.5% percent above the revised June rate of 1,292,000 and +4.2% above the July 2017 rate of 1,258,000. Single-family authorizations in July were at a rate of 869,000, +1.9% above the revised June figure of 853,000.

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