Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Finland
Monthly, Not Seasonally Adjusted
LRHU24MAFIM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.80
Year-over-Year Change
28.77%
Date Range
1/1/1988 - 6/1/2025
Summary
This economic trend measures the monthly, not seasonally adjusted level of housing units authorized by building permits in the United States. It provides insights into residential construction activity, a key indicator of economic growth and housing market conditions.
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 Monthly, Not Seasonally Adjusted housing units authorized by building permits trend represents the total number of new residential construction projects that have received the necessary approvals to begin building. This metric is used by economists and policymakers to assess the health of the housing sector and broader economic activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of local building permit offices.
Historical Context
Trends in housing permits are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- Housing permits declined during the 2008 financial crisis.
- Permits reached a record high in 2005 prior to the housing bubble burst.
- Permit activity is a leading indicator of future home construction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly level of new residential construction projects that have received building permits, providing insight into housing market and broader economic activity.
Q: Why is this trend relevant for users or analysts?
A: Trends in housing permits are closely watched by economists, policymakers, and market participants as an indicator of future residential investment and construction activity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of local building permit offices.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions monitor housing permit data to inform economic and monetary policy decisions, as it provides insights into the health of the housing sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRHU24MAFIM156N), retrieved from FRED.