Balance of Payments: Goods: Expenditure for Costa Rica
Not Seasonally Adjusted
CRIB6DBTD01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,985,499,000.00
Year-over-Year Change
15.58%
Date Range
1/1/1999 - 10/1/2024
Summary
The 'Not Seasonally Adjusted' series measures U.S. residential construction spending on new private housing units. This metric is a key indicator of economic activity and housing market trends.
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 series tracks the value of construction put in place for new private residential buildings without seasonal adjustments. It provides a raw, unadjusted view of construction activity that is useful for analyzing underlying trends and patterns.
Methodology
The data is collected through surveys of construction companies and developers by the U.S. Census Bureau.
Historical Context
This metric is closely watched by economists, policymakers, and investors to gauge the health of the U.S. housing sector.
Key Facts
- Construction spending is a major component of GDP.
- Housing starts and permits are leading indicators of economic activity.
- The data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This series measures the value of new private residential construction put in place in the U.S. without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The 'Not Seasonally Adjusted' construction spending data provides insight into the underlying activity and momentum of the housing market, a key driver of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction companies and developers by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to assess the health of the housing sector and its implications for the overall economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one to two months.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (CRIB6DBTD01CXCUQ), retrieved from FRED.