New Privately-Owned Housing Units Authorized but Not Started: Single-Family Units in the Northeast Census Region
AUTHNOTNE1U • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.80
Year-over-Year Change
-30.32%
Date Range
1/1/1968 - 6/1/2025
Summary
This economic indicator tracks the number of new single-family housing units authorized for construction in the Northeastern United States but not yet started. It provides insight into future residential construction activity and helps analysts assess regional housing market conditions.
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: Single-Family Units in the Northeast Census Region' metric measures the number of single-family home building permits issued in the Northeast that have not yet resulted in groundbreaking. This leading indicator helps predict future construction trends and estimate upcoming housing supply.
Methodology
The data is collected through surveys of local building permit offices in Northeastern states.
Historical Context
Policymakers and market analysts use this indicator to anticipate changes in regional housing supply and gauge economic conditions.
Key Facts
- This data covers the 9 states in the Northeast Census Region.
- Permits are counted when they are issued, not when construction begins.
- The Northeast region accounts for about 20% of nationwide single-family housing starts.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of new single-family housing units in the Northeastern U.S. that have been authorized for construction but not yet started.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator provides insight into future residential construction activity and helps assess regional housing market conditions in the Northeast.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local building permit offices in Northeastern states.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this indicator to anticipate changes in regional housing supply and gauge economic conditions.
Q: Are there update delays or limitations?
A: The data is reported monthly with a 2-month lag.
Related Trends
Quits: Total Nonfarm in Northeast Census Region
JTS00NEQUL
Business Applications from Corporations for Northeast Census Region
CBUSAPPWNSANER
Spliced Business Formations Within Eight Quarters: Total for All NAICS in Northeast Census Region
BFSBF8QTOTALNSANO
Producer Price Index by Industry: Ready-Mix Concrete Manufacturing: Ready-Mix Concrete for Northeast Census Region
PCU327320327320A
New One Family Houses Sold in Northeast Census Region
HSN1FNE
Homeownership Rate in the Northeast Census Region
RHORNEQ156N
Citation
U.S. Federal Reserve, New Privately-Owned Housing Units Authorized but Not Started: Single-Family Units in the Northeast Census Region (AUTHNOTNE1U), retrieved from FRED.