The United States released the housing starts index for the month of August, where housing starts fell by 2.3% to an annual rate of 571,000, compared with the prior revised estimate of 601,000 and below median estimates of 590,000. Building permits however, increased in August by 3.2% to reach an annual rate of 620,000, above median estimates of 590,000 and the prior revised estimate of 601,000.