New Privately-Owned Housing Units Authorized but Not Started: Total Units in the Northeast Census Region
AUTHNOTNETSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.00
Year-over-Year Change
-36.84%
Date Range
1/1/1999 - 6/1/2025
Summary
This economic trend measures new privately-owned housing units authorized but not yet started in the Northeast Census Region. It provides insight into future residential construction activity and housing supply in the region.
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 housing permits issued in the Northeast that have not yet resulted in construction. This leading indicator offers economists and policymakers visibility into near-term housing market conditions and potential future residential building.
Methodology
The data is collected by the U.S. Census Bureau through surveys of permit-issuing jurisdictions.
Historical Context
Analysts and real estate investors monitor this metric to assess regional housing market trends and forecast future supply.
Key Facts
- Data is reported monthly by the U.S. Census Bureau.
- The Northeast region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- Authorized but not started units indicate potential future housing supply.
FAQs
Q: What does this economic trend measure?
A: This metric tracks new privately-owned housing units in the Northeast region that have been authorized for construction but have not yet started building.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator provides insight into future residential construction activity and housing supply conditions in the Northeast, which is valuable for economists, real estate investors, and policymakers.
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 real estate investors monitor this metric to assess regional housing market trends and forecast future supply, which informs decision-making and policy.
Q: Are there update delays or limitations?
A: The data is reported monthly by the Census Bureau, so there may be a short delay in the most recent figures being available.
Related Trends
Expenditures: Vehicle Purchases (Net Outlay) by Region: Residence in the Northeast Census Region
CXUVEHPURCHLB1102M
Resident Population in the Northeast Census Region
CNERPOP
Expenditures: Personal Services by Region: Residence in the Northeast Census Region
CXUHHPERSRVLB1102M
Consumer Unit Characteristics: Percent Homeowner by Region: Residence in the Northeast Census Region
CXUHOMEOWNLB1102M
Spliced Business Formations Within Eight Quarters: Total for All NAICS in Northeast Census Region
BFSBF8QTOTALNSANO
New Privately Owned Housing Starts Median Square Feet of Floor Area for One-Family Units in the Northeast Census Region
HOUSTSFLAM1FNEQ
Citation
U.S. Federal Reserve, New Privately-Owned Housing Units Authorized but Not Started: Total Units in the Northeast Census Region (AUTHNOTNETSA), retrieved from FRED.