Business Applications: Total for All NAICS in Louisiana
Not Seasonally Adjusted
BABATOTALNSALA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,912.00
Year-over-Year Change
13.55%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' economic trend measures the total value of new residential construction projects in the United States. It provides important insights into the health and activity 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
This trend represents the total value of new residential building projects across the U.S., including single-family homes, apartments, and other multi-unit structures. It is a key indicator used by economists and policymakers to assess overall construction activity and gauge broader trends in the housing sector.
Methodology
The data is collected through surveys of residential construction firms and builders.
Historical Context
The 'Not Seasonally Adjusted' trend is closely monitored by analysts, investors, and government officials to understand current and future housing market dynamics.
Key Facts
- The 'Not Seasonally Adjusted' trend does not account for typical seasonal variations.
- Construction activity often declines in winter months and peaks during the spring and summer.
- The housing sector is a major component of the broader U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the total value of new residential construction projects in the United States, including single-family homes, apartments, and other multi-unit structures.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and activity of the housing market, which is a key sector of the broader U.S. economy. It is closely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of residential construction firms and builders.
Q: How is this trend used in economic policy?
A: The 'Not Seasonally Adjusted' trend is used by government officials, central banks, and other policymakers to assess current and future housing market dynamics, which can inform policy decisions related to housing, construction, and the broader economy.
Q: Are there update delays or limitations?
A: There may be some delays in the reporting of this data, as it is collected through surveys of construction firms. Additionally, the 'Not Seasonally Adjusted' nature of the trend means it may exhibit more volatility compared to seasonally adjusted data.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BABATOTALNSALA), retrieved from FRED.