International Merchandise Trade Statistics: Trade Balance: Commodities for Hungary
Monthly, Not Seasonally Adjusted
HUNXTNTVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,128,369,000.00
Year-over-Year Change
-6.60%
Date Range
1/1/1976 - 6/1/2025
Summary
This series measures the monthly value of new private housing units authorized by building permits in the United States, without seasonal adjustments. It provides insights into the real estate and construction sectors of the economy.
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 Housing Units Authorized by Building Permits (Not Seasonally Adjusted) series tracks the number of new residential construction projects that have been approved for development. This metric is a leading indicator of housing market activity and overall economic health.
Methodology
The data is collected by the U.S. Census Bureau through surveys of local permit-issuing offices.
Historical Context
This trend is closely monitored by economists, policymakers, and real estate industry participants to gauge the strength of the housing market and broader economic conditions.
Key Facts
- Building permits are a leading indicator of future housing construction activity.
- The not seasonally adjusted data accounts for typical seasonal variations in construction.
- Permit issuance can signal shifts in consumer demand and economic confidence.
FAQs
Q: What does this economic trend measure?
A: This series tracks the monthly number of new private residential construction projects that have been approved for development through building permits, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Building permit data is a key leading indicator of future housing construction activity and overall economic health, providing insights into consumer demand, business investment, and economic confidence.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of local permit-issuing offices.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and real estate industry participants closely monitor this trend to gauge the strength of the housing market and broader economic conditions, informing policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of around 2 months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Housing Units Authorized by Building Permits (Not Seasonally Adjusted) (HUNXTNTVA01CXMLM), retrieved from FRED.