Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Israel
ISRODCNPI03GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.61
Year-over-Year Change
1738.81%
Date Range
1/1/1996 - 3/1/2025
Summary
This economic trend measures the number of construction permits issued for dwellings and residential buildings in Israel. It provides valuable insights into the health and activity of the country's construction sector and housing market.
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 Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Israel series tracks the issuance of construction permits for new residential housing projects. This metric is a leading indicator of future construction activity and investment.
Methodology
The data is collected and reported by the Israeli Central Bureau of Statistics.
Historical Context
Economists and policymakers closely monitor this trend to assess the state of the Israeli housing market and broader economic conditions.
Key Facts
- Construction permits are a leading indicator of future building activity.
- The trend reflects confidence and investment in the Israeli housing sector.
- Permit data is a key input for economic forecasting and policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of construction permits issued for new dwellings and residential buildings in Israel.
Q: Why is this trend relevant for users or analysts?
A: The construction permit data provides valuable insights into the housing market and broader economic conditions in Israel.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Israeli Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the state of the housing market and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule of the Israeli Central Bureau of Statistics.
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Citation
U.S. Federal Reserve, Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Israel (ISRODCNPI03GYSAM), retrieved from FRED.