Here come housing starts...

The latest data on housing starts and building permits will cross the wires at 8:30 a.m. ET.

Economists expect that starts fell 0.8% month-over-month in July at a seasonally adjusted annual rate of 1.180 million.

Last month, housing starts surprised on the upside, surging 4.8% at a seasonally adjusted annual rate of 1.189 million.

As for building permits, economists forecast that they ticked up 0.6% month-over-month in July to a seasonally adjusted rate of 1.160 million.

The previous month saw permits jump 1.5% at a rate of 1.153 million.

Refresh this page for updates at 8:30 a.m. ET.

NOW WATCH: How to watch the most incredible meteor shower of the year that’s happening now through August 24

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at