Building Permits Surge Building permits rose to 653,000 in October. A 10.9% increase from September and 17.7% higher than October 2010. This is the largest number of permits for 2011 and represents the most since March 2010. The building permits report is used as a guide to gauge future signs of construction. Housing construction is significant in that builders generally don’t start a house unless they are fairly certain it will sell

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