Real Gross Domestic Product: Arts, Entertainment, and Recreation (71) in Hawaii
Quarterly, Seasonally Adjusted Annual Rate
HIARTENTRECRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,173.30
Year-over-Year Change
14.35%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the Quarterly, Seasonally Adjusted Annual Rate of Housing Starts in the United States. It is a key indicator of residential 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 Quarterly, Seasonally Adjusted Annual Rate of Housing Starts represents the total number of new residential construction projects that began during a given quarter, annualized and adjusted for seasonal variations. It is a widely tracked metric that reflects consumer confidence, availability of credit, and broader macroeconomic conditions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of homebuilders and residential construction firms.
Historical Context
Housing starts data is closely monitored by policymakers, investors, and analysts to gauge the health of the housing market and broader economy.
Key Facts
- Housing starts reached a peak of 2.27 million in January 2006.
- The lowest point was 478,000 in April 2009 during the Great Recession.
- Historically, housing starts have averaged around 1.5 million per year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new residential construction projects that began during a given quarter, annualized and adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Housing starts data is a key indicator of consumer confidence, credit availability, and broader economic conditions. It is closely watched by policymakers, investors, and analysts to gauge the health of the housing market and overall economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of homebuilders and residential construction firms.
Q: How is this trend used in economic policy?
A: Housing starts data informs policy decisions related to the housing market, construction industry, and broader economic management by government agencies and the Federal Reserve.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of around 1-2 months. Limitations include potential sampling errors and exclusion of smaller construction projects.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (HIARTENTRECRQGSP), retrieved from FRED.