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U.S. home building permits rose in October

Nov. 26, 2013 at 10:32 AM
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WASHINGTON, Nov. 26 (UPI) -- Permits issued for residential housing rose 6.2 percent in October from September, the U.S. Commerce Department said in a short-changed economic report.

Housing permits rose to a seasonally adjusted annual rate of 1.034 million, a gain of 13.9 percent from October 2012, the department said.

Under normal circumstances, the monthly report includes data on housing starts and housing completions. However, due to the partial government shutdown in October, the department said the rest of the data normally included in the report would not be ready for release until Dec. 18.

"The October 2013 lapse in federal funding impacted the release of housing starts data," the department said.

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