Annual, Not Seasonally Adjusted
HOHWIN02SEA065N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,810,000.00
Year-over-Year Change
-16.44%
Date Range
1/1/1987 - 1/1/2007
Summary
This series measures annual, not seasonally adjusted housing starts in the United States. It provides insight into the strength and trends of the residential construction sector, a key indicator of economic activity.
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 Annual, Not Seasonally Adjusted housing starts series tracks the number of new residential construction projects begun each year. It offers a broad view of construction activity without the influence of seasonal factors.
Methodology
The data is collected through a monthly survey of homebuilders by the U.S. Census Bureau.
Historical Context
This metric is closely watched by economists, policymakers, and real estate analysts to assess the health of the housing market and broader economy.
Key Facts
- Housing starts peaked at over 2 million units per year in the mid-2000s.
- New residential construction was severely impacted by the 2008 financial crisis.
- Annual housing starts have generally trended upward since the Great Recession.
FAQs
Q: What does this economic trend measure?
A: This series tracks the annual number of new residential construction projects begun in the United States, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Annual housing starts provide insight into the strength and direction of the residential construction sector, which is a key driver of economic activity.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of homebuilders conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor housing starts to assess the health of the housing market and broader economy, and to inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (HOHWIN02SEA065N), retrieved from FRED.