New Privately Owned Housing Starts Total One-Family Units in the Northeast Census Region
HOUST1FNEQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
8.33%
Date Range
1/1/1985 - 1/1/2025
Summary
This economic indicator tracks the number of new privately owned one-family housing units started in the Northeast Census Region of the United States. It is a key measure 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 New Privately Owned Housing Starts Total One-Family Units in the Northeast Census Region data series provides insights into the health of the regional housing market and broader economic conditions. Housing starts are a leading indicator for construction, employment, and consumer spending.
Methodology
The data is collected through surveys of residential construction activity.
Historical Context
Housing starts are closely monitored by policymakers, investors, and economists as a gauge of economic performance and consumer confidence.
Key Facts
- The Northeast Census Region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- Housing starts in the Northeast hit a recent low in early 2009 during the Great Recession.
- Steady increases in housing starts signal growing consumer demand and confidence in the regional economy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of new privately owned one-family housing units that began construction in the Northeast Census Region.
Q: Why is this trend relevant for users or analysts?
A: Housing starts are a key leading indicator of economic activity, reflecting consumer confidence and demand for new residential construction.
Q: How is this data collected or calculated?
A: The data is collected through surveys of residential construction activity.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and economists closely monitor housing starts as a gauge of regional economic performance and consumer sentiment.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and may be subject to revisions as additional information becomes available.
Related Trends
New Privately Owned Housing Starts by Purpose of Construction, Contractor-Built One-Family Units in the Northeast Census Region
HOUSTCB1FNEQ
New Privately-Owned Housing Units Authorized in Permit-Issuing Places: Single-Family Units in the Northeast Census Region
PERMITNE1
Consumer Unit Characteristics: Age of Reference Person by Region: Residence in the Northeast Census Region
CXU980020LB1102M
Consumer Unit Characteristics: Number of Earners by Region: Residence in the Northeast Census Region
CXU980030LB1102M
Expenditures: Other Vehicle Purchases by Region: Residence in the Northeast Census Region
CXUOTHVEHCLLB1102M
Net Change in Total Assets and Liabilities by Region: Residence in the Northeast Census Region
CXUCHGASLILB1102M
Citation
U.S. Federal Reserve, New Privately Owned Housing Starts Total One-Family Units in the Northeast Census Region (HOUST1FNEQ), retrieved from FRED.