WASHINGTON — The number of U.S. building permits issued in December was revised up to an increase of 0.6% at a 1.058 million unit annual rate, the Commerce Department's Bureau of the Census said Wednesday.
Permits issued were originally reported down 1.9% to a 1.032 million unit rate.
The Census Bureau revises the latest building permits data on the 18th working day of the month, three to seven days after the release of the preliminary estimate in the month housing starts and building permits report.
Permits for single-family homes were revised higher to a gain of 4.7% at a 668,000 unit rate (previously up 4.5% at a 667,000 unit rate). Permits for multi-unit buildings were revised up to a decline of 5.8% at a 390,000 unit rate (previously down 11.8% at a 365,000 unit rate.)
