New Private Housing Units Authorized by Building Permits for Arkansas
Not Seasonally Adjusted
ARBPPRIV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,363.00
Year-over-Year Change
19.04%
Date Range
1/1/1988 - 6/1/2025
Summary
The 'Not Seasonally Adjusted' data series measures the monthly value of private residential construction spending in the United States. This metric is a key indicator of the health and momentum of the 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
The 'Not Seasonally Adjusted' data represents the total dollar value of residential construction put in place each month, without adjustments for typical seasonal patterns. This provides a raw, unfiltered view of construction activity over time.
Methodology
The U.S. Census Bureau collects this data through surveys of construction firms and homebuilders.
Historical Context
Economists and policymakers monitor this metric to assess the state of the housing sector and broader economic conditions.
Key Facts
- Private residential construction spending averaged $637 billion in 2022.
- Construction activity tends to peak in the summer months.
- Housing starts and permits are other key housing market indicators.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' data series measures the monthly value of private residential construction spending in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a real-time view of construction activity, which is a crucial component of the housing market and broader economic performance.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of construction firms and homebuilders.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this metric to assess the state of the housing sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (ARBPPRIV), retrieved from FRED.