Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Hungary
Quarterly, Seasonally Adjusted
LMJVTTUVHUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83,154.12
Year-over-Year Change
50.93%
Date Range
1/1/1992 - 10/1/2023
Summary
This economic trend measures the quarterly, seasonally adjusted housing starts in the United States. It is a key indicator of the health and activity in the residential construction sector.
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
Housing starts is a metric that tracks the number of new residential construction projects that began during a given period. It is used by policymakers, analysts, and investors to assess the strength of the housing market and broader economic conditions.
Methodology
The data is collected through surveys of homebuilders and construction firms by the U.S. Census Bureau.
Historical Context
Housing starts trends are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Housing starts declined sharply during the 2008 financial crisis.
- New home construction is a driver of economic growth and employment.
- Housing starts data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of new residential construction projects that began during a given quarter, on a seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Housing starts is a key indicator of activity in the residential construction sector and overall health of the housing market, which has broad implications for the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of homebuilders and construction firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Housing starts trends are closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions that impact the housing market and broader economy.
Q: Are there update delays or limitations?
A: The housing starts data is released monthly by the Census Bureau, with a typical 1-2 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LMJVTTUVHUQ647S), retrieved from FRED.