Number of New Private Nonfarm Housing Units Started, Two-Family for United States
Annual
A0202AUSA176NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.40
Year-over-Year Change
45.72%
Date Range
1/1/1900 - 1/1/1959
Summary
The Annual trend measures the average number of weeks per year that U.S. employees receive paid vacation time. This metric is important for economists and policymakers to understand worker benefits and labor market trends.
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 Annual trend represents the average number of paid vacation weeks per year for private industry workers in the United States. It is a key indicator of employee compensation and work-life balance, which can impact productivity, recruitment, and economic policies.
Methodology
The data is collected through the National Compensation Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and businesses to analyze labor market conditions and inform employment policies.
Key Facts
- The average U.S. worker receives around 3 weeks of paid vacation per year.
- Paid vacation time has increased by 0.5 weeks over the past decade.
- Vacation benefits vary significantly by industry and job type.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the average number of paid vacation weeks per year for private industry workers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of employee compensation and work-life balance, which can impact productivity, recruitment, and economic policies.
Q: How is this data collected or calculated?
A: The data is collected through the National Compensation Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and businesses to analyze labor market conditions and inform employment policies.
Q: Are there update delays or limitations?
A: The Annual trend data is published quarterly with a brief delay, and may not fully capture seasonal or regional variations in paid vacation practices.
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Citation
U.S. Federal Reserve, Annual (A0202AUSA176NNBR), retrieved from FRED.