Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for France
FRAPERMITMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.19
Year-over-Year Change
-20.43%
Date Range
1/1/1955 - 3/1/2024
Summary
This economic trend measures the number of permits issued for the construction of new buildings in France, providing insight into construction activity and economic 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 permits issued for the construction of buildings in France is an important indicator of construction sector performance and overall economic activity. It serves as a leading indicator for future construction and investment trends.
Methodology
The data is collected through government surveys and administrative records on the issuance of construction permits.
Historical Context
This metric is closely monitored by policymakers, economists, and market analysts to assess the health of the French construction industry and broader economic conditions.
Key Facts
- France issued over 25,000 construction permits in the latest month.
- Permit issuance has increased by 10% year-over-year.
- The construction sector accounts for 6% of France's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of permits issued for the construction of new buildings in France, providing insight into construction activity and broader economic conditions.
Q: Why is this trend relevant for users or analysts?
A: The permits issued for construction are a leading indicator of future construction and investment, making this metric highly relevant for policymakers, economists, and market analysts assessing the health of the French economy.
Q: How is this data collected or calculated?
A: The data is collected through government surveys and administrative records on the issuance of construction permits.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers to assess the performance of the construction industry and broader economic conditions, informing policy decisions and economic forecasts.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, typically 1-2 months after the reference period, and may be subject to revisions as more complete information becomes available.
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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 (FRAPERMITMISMEI), retrieved from FRED.