Number of Residential Buildings Constructed for Bremen, Germany
Number of Buildings, Annual, Not Seasonally Adjusted
A021HADE00BREA470NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,003.00
Year-over-Year Change
81.70%
Date Range
1/1/1902 - 1/1/1937
Summary
The 'Number of Buildings, Annual, Not Seasonally Adjusted' metric tracks the total number of new building permits issued in the United States on an annual basis. This data provides key insights into construction activity and economic growth.
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 series measures the total count of new building permits approved across the U.S. each year. It serves as an important leading indicator for the construction industry and broader economy, as building activity precedes actual construction and spending.
Methodology
The data is collected and published annually by the U.S. Census Bureau based on reports from local permitting authorities.
Historical Context
Policymakers and analysts use this metric to assess the health of the housing and construction sectors and forecast economic trends.
Key Facts
- Building permits declined sharply during the 2008 financial crisis.
- Permit levels have generally trended upward since the Great Recession.
- The metric reached a record high of over 1.7 million in 2005.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of new building permits issued annually across the United States. It provides insights into construction activity and economic growth.
Q: Why is this trend relevant for users or analysts?
A: The number of building permits is a key leading indicator for the housing and construction sectors, as well as the broader economy. It helps policymakers and analysts forecast economic trends.
Q: How is this data collected or calculated?
A: The data is collected and published annually by the U.S. Census Bureau based on reports from local permitting authorities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of the housing and construction industries, and to help forecast broader economic growth and development.
Q: Are there update delays or limitations?
A: The data is published annually, so there may be a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Number of Buildings, Annual, Not Seasonally Adjusted (A021HADE00BREA470NNBR), retrieved from FRED.