New Privately-Owned Housing Units Authorized but Not Started: Total Units in the Midwest Census Region

AUTHNOTMWTSA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

30.00

Year-over-Year Change

15.38%

Date Range

1/1/1999 - 6/1/2025

Summary

This economic trend measures the number of privately-owned housing units authorized for construction but not yet started in the Midwest Census Region. It provides insight into future residential construction activity and housing supply.

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 'New Privately-Owned Housing Units Authorized but Not Started' metric tracks the pipeline of approved housing projects that have not yet begun construction. This helps economists and policymakers assess the health of the regional housing market and predict future housing starts.

Methodology

The data is collected by the U.S. Census Bureau through monthly surveys of permit-issuing jurisdictions.

Historical Context

This indicator is used by analysts to monitor regional housing market dynamics and evaluate the impact of policies on residential construction.

Key Facts

  • The Midwest Census Region includes 12 states.
  • Housing units authorized but not started typically take 4-8 months to begin construction.
  • This metric helps predict future residential investment and economic growth.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of privately-owned housing units in the Midwest Census Region that have been authorized for construction but have not yet begun building.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the health of the regional housing market and helps forecast future residential construction activity and housing supply.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through monthly surveys of permit-issuing jurisdictions.

Q: How is this trend used in economic policy?

A: Analysts and policymakers use this indicator to monitor regional housing market dynamics and evaluate the impact of policies on residential construction.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical 2-3 month delay.

Related Trends

Citation

U.S. Federal Reserve, New Privately-Owned Housing Units Authorized but Not Started: Total Units in the Midwest Census Region (AUTHNOTMWTSA), retrieved from FRED.