Building permits in the Bahamas, September, 2019
The data series span the period from Q1 2012 to Q3 2019.
During that time, the average value for the Bahamas was
264 building permits with a minumum of 153 building permits
in Q4 2016 and a maximum of 427 building permits in Q1 2012.
The latest number is 242, a change of -28.82% from the previous data point of
340 building permits and a change of -16.84% from a year ago when the level was
291 building permits.
The number of building permits is considered a leading macroeconomic indicator as it typically grows a few months ahead of an economic expansion and declines a few months before an economic slowdown.
See more information about that indicator on our Building permits page
* indicates monthly or quarterly data series
Measure: building permits
Source: Department of Statistics of Bahamas
Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.