What is US Building Permit

1 minute publication
2 min readDec 19, 2022
Photo by EJ Yao on Unsplash

What is it?

  • Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur.
  • Not all areas of the United States require a permit for construction.

Who Reports It?

Building Permits report is released by the U.S. Census Bureau on a monthly basis.

How it is Generated?

  • The Building Permits report gathers the data on all new construction permissions granted for residential buildings, housing units, commercial buildings, and warehouses within a specific time period.
  • The Bureau conducts a survey among 9,000 permit issuers and publishes the data on the 18th working day following the end of the focused month. It also performs an annual survey among 11,000 permit-issuing authorities.
  • It may take three months to establish an underlying trend for building permit authorizations, six months for total starts, and six months for total completions

Why it is important?

  • Since all related factors associated with the construction of a building are important economic activities (for example, financing and employment), the building permit report can give a major hint as…

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1 minute publication

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