Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Canada
Monthly, Seasonally Adjusted
LRHU24MACAM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.20
Year-over-Year Change
2.53%
Date Range
1/1/1976 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted trend measures U.S. housing starts, a leading indicator of 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
Housing starts track the number of new residential construction projects that have begun each month, providing insight into the health of the housing market and broader economy.
Methodology
The data is collected through a monthly survey of a sample of permit-issuing offices.
Historical Context
Housing starts are closely monitored by policymakers, economists, and investors for their implications on employment, consumer spending, and future economic conditions.
Key Facts
- Housing starts peaked at 2.27 million units in January 2006.
- The series experienced a low of 0.55 million units during the Great Recession in April 2009.
- Residential construction accounts for about 3-4% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted trend measures the number of new residential construction projects that have begun each month in the United States.
Q: Why is this trend relevant for users or analysts?
A: Housing starts are a leading indicator of construction activity and economic growth, providing insights into the health of the housing market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of a sample of permit-issuing offices.
Q: How is this trend used in economic policy?
A: Housing starts are closely monitored by policymakers, economists, and investors for their implications on employment, consumer spending, and future economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LRHU24MACAM156S), retrieved from FRED.