Building permits michigan

United States’s Build Permits Michigan decreased to 2043.49 by -14.81% on April 2021 from 2398.86 in the previous month. On a year on year basis United States’s Build Permits Michigan increased by 205.72%. United States’s Build Permits Michigan trend is up since the current value of 2043.49 is higher than the 12 month moving average of 2019.11. and the 12 month moving average slope is up. United States’s Build Permits Michigan 5-year percentile is currently at 100.0%.

Building permits michigan Chart

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Date Value
01/03/2022 1.927,12
01/02/2022 1.820,48
01/01/2022 1.787,64
01/12/2021 1.774,70
01/11/2021 1.814,76
01/10/2021 1.366,72
01/09/2021 1.757,28
01/08/2021 1.870,46
01/07/2021 1.645,83
01/06/2021 2.024,68

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Building permits michigan

Building permits michigan Statistics

Click here to explore the methodology used for estimating the Build Permits Michigan signals presented in the statistics table below.

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Build Permits Michigan 2043.49 2398.86 -0.148141 2.05722 1.0 1.0 1 2021-04-01

Michigan Economic News Stream

Michigan Macroeconomic Indicators

Indicator Actual Previous M/M% Y/Y% Trend ZS5Y Trend Update
Unemployment Rate in Michigan 4.9 5.1 -0.0392157 -0.792373 -1.0 0.0166667 2021-04-01
Build Permits Michigan 2043.49 2398.86 -0.148141 2.05722 1.0 1 2021-04-01
Initial Jobless Claims Michigan 12865 11201 0.148558 0.129202 -1.0 0.65 2021-05-29
Leading Index Michigan 2.58 1.03 1.50485 -9.0625 1.0 0.0166667 2020-02-29
Total Gross Domestic Product Michigan 528238 524828 0.00649737 0.0384077 1.0 0 2020-10-01
Regional Price Parities: All Items for Michigan 92.3 92.3 0 0 Down 0 2021-01-13
Real Per Capita Personal Income for Michigan 48769 48028 1.54 0 UP 0 2021-01-13
All-Transactions House Price Index for Michigan 370.21 361.79 2.33 16.86 UP 100 2021-01-13
Coincident Economic Activity Index for Michigan 121.22 120.28 0.0078151 0.709009 1.0 1 2021-04-01
Real Trade-Weighted Value of the dollar for Michigan 110.817 109.707 0.0101179 -0.0713711 -1.0 0.0333333 2021-03-01

Building permits michigan analysis

Build Permits Michigan trend

Build Permits Michigan trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the Build Permits Michigan has recorded new highs or lows. Build Permits Michigan trend change is assumed when the specific indicator has recorded a 3-month high / low or more.

Build Permits Michigan momentum

Build Permits Michigan momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.