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19.03.202612:39:47UTC+00US Building Permits Drop Less than Initially Thought in January

In January 2026, US building permits declined 4.7% month-over-month to a seasonally adjusted annual rate of 1.386 million, the lowest level since August 2025. The drop was slightly smaller than the initially reported 5.4% decrease. By category, multi-unit permits fell sharply, down 12.4% to 458,000, while single-family permits slipped 0.6% to 876,000. Regionally, permits declined markedly in the West (-13.8% to 312,000), the Northeast (-8.4% to 153,000), and the South (-2.9% to 695,000), but increased 7.6% in the Midwest to 226,000.

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