Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for France
FRAPERMITAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.14
Year-over-Year Change
-28.37%
Date Range
1/1/1955 - 1/1/2023
Summary
This economic trend measures the number of building permits issued for dwellings in France, providing insight into construction activity and economic growth.
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 permits issued for dwellings metric serves as an indicator of future construction activity and overall economic conditions. It is widely used by economists and policymakers to assess the health of the French construction sector and broader economy.
Methodology
The data is collected and reported by the French national statistical agency.
Historical Context
Building permit issuance is a leading indicator tracked by the government and financial markets.
Key Facts
- France issued over 500,000 building permits in 2022.
- Permit issuance is a leading indicator of future construction spending.
- Building activity accounts for about 6% of France's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of building permits issued for new dwellings in France, providing insight into future construction activity.
Q: Why is this trend relevant for users or analysts?
A: Building permit issuance is a widely tracked leading indicator that offers early signals about the health of the construction sector and broader economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the French national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor building permit trends to assess the strength of the construction industry and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely insight into construction activity.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for France (FRAPERMITAISMEI), retrieved from FRED.