Number of New Private Nonfarm Housing Units Started, One-Family for United States
A0201AUSA176NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,078.50
Year-over-Year Change
45.70%
Date Range
1/1/1900 - 1/1/1959
Summary
The 'Number of New Private Nonfarm Housing Units Started, One-Family for United States' measures the level of new single-family home construction activity, a key indicator of the health of the residential housing market.
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
This data series tracks the number of new privately-owned single-family housing units that have begun construction. It is a leading indicator of overall housing market conditions and an important input for economic analysis and forecasting.
Methodology
The data is collected through surveys of residential construction projects by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this metric to assess the strength of the housing sector and broader economic trends.
Key Facts
- Measure of new single-family home construction activity.
- Leading indicator of overall housing market conditions.
- Closely watched by policymakers and economic analysts.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of new privately-owned single-family housing units that have begun construction, a key indicator of residential housing market activity.
Q: Why is this trend relevant for users or analysts?
A: The number of new housing starts is a leading indicator that provides insights into the health of the housing sector and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of residential construction projects by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to assess the strength of the housing sector and make informed decisions regarding economic policy.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Census Bureau, with a typical release lag of around 1 month.
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Citation
U.S. Federal Reserve, Number of New Private Nonfarm Housing Units Started, One-Family for United States (A0201AUSA176NNBR), retrieved from FRED.