Total Discharges for General Medical and Surgical Hospitals, All Establishments
Thousands of Units
DISC6221ALLEST176QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,058.00
Year-over-Year Change
11.47%
Date Range
7/1/2012 - 1/1/2025
Summary
This economic trend measures the total number of new privately-owned housing units sold in the United States. It is a key indicator of real estate market activity and consumer confidence.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Thousands of Units' trend tracks monthly sales of new single-family homes in the U.S. housing market. It is a widely followed economic indicator used by policymakers, investors, and analysts to assess the strength of the residential construction sector.
Methodology
The data is collected through surveys of homebuilders and developers by the U.S. Census Bureau.
Historical Context
Trends in new home sales provide insight into consumer spending, mortgage rates, and broader economic conditions.
Key Facts
- New home sales hit a record high of 1.02 million units in 2005.
- The COVID-19 pandemic drove a surge in new home purchases in 2020.
- Mortgage rates are a key driver of new home sales activity.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Units' trend measures the monthly sales of new privately-owned single-family homes in the United States.
Q: Why is this trend relevant for users or analysts?
A: New home sales are an important indicator of consumer confidence and the health of the residential construction sector, providing insights into broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of homebuilders and developers by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and analysts closely monitor new home sales data to assess the strength of the housing market and make informed decisions about economic policies and investments.
Q: Are there update delays or limitations?
A: The new home sales data is published monthly by the U.S. Census Bureau, with a typical release delay of around 3-4 weeks.
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Citation
U.S. Federal Reserve, Thousands of Units (DISC6221ALLEST176QNSA), retrieved from FRED.