United States Capacity Utilization below forecasts (77.5%) in November: Actual (77%)

U.S. building permits in November jumped to 1.289 million, hitting a five month high. Housing starts in November also increased from a seven-month low to record 1.173 million, up from the previous 1.06 million. The Commerce Department said today that privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,173,000. This is 10.5 per cent above October’s revised estimate of 1,062,000.