Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Portugal
Quarterly, Seasonally Adjusted
LRHU24FEPTQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.30
Year-over-Year Change
5.79%
Date Range
1/1/1983 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the net change in U.S. housing units under construction on a quarterly basis. This key metric provides insights into the health and momentum of 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
The Quarterly, Seasonally Adjusted housing units under construction data tracks the total number of new residential units, including single-family homes and multi-unit structures, that are currently in the construction phase. This statistic is closely monitored by policymakers, economists, and industry analysts to gauge the pace of housing market activity.
Methodology
The data is collected through surveys of residential construction companies and builders.
Historical Context
The housing construction trend serves as an important leading indicator for the broader economy, as increased residential building activity often coincides with economic growth and consumer confidence.
Key Facts
- The series is reported on a quarterly basis.
- Data is seasonally adjusted to account for typical construction patterns.
- Housing construction is a key driver of economic growth and employment.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the net change in the number of U.S. housing units currently under construction on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This housing construction metric is a closely watched indicator of the health and momentum of the residential real estate market, providing insights for policymakers, economists, and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of residential construction companies and builders.
Q: How is this trend used in economic policy?
A: Housing construction activity is considered a leading indicator for the broader economy, as increased residential building often coincides with economic growth and consumer confidence.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a lag between the end of the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHU24FEPTQ156S), retrieved from FRED.