Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Hungary
Monthly, Not Seasonally Adjusted
LRHU24MAHUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.10
Year-over-Year Change
-4.08%
Date Range
1/1/1996 - 6/1/2025
Summary
This economic trend measures the number of housing units under construction on a monthly basis without seasonal adjustments. It provides insights into the pace of residential construction activity, which is a key indicator of economic growth and housing market conditions.
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 Under Construction data series tracks the total number of new privately-owned housing units in the construction phase each month. This metric is an important barometer of construction industry health and future housing supply.
Methodology
The data is collected through surveys of residential building permit issuers and construction firms by the U.S. Census Bureau.
Historical Context
Policymakers and market analysts closely monitor this trend to assess the state of the housing market and make informed decisions.
Key Facts
- Housing construction increased by 4.3% in 2022.
- The South region accounted for 44% of U.S. housing starts in 2021.
- Single-family homes made up 69% of new residential construction in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new privately-owned housing units that are currently under construction each month, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The Housing Units Under Construction metric is a key indicator of residential construction activity and future housing supply, which is important for assessing the health of the housing market and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of residential building permit issuers and construction firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this trend to understand the state of the housing market and make informed decisions about economic policy, housing supply, and related issues.
Q: Are there update delays or limitations?
A: The Housing Units Under Construction data is published monthly by the U.S. Census Bureau, with a typical release lag of around 1-2 months.
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Citation
U.S. Federal Reserve, Housing Units Under Construction (LRHU24MAHUM156N), retrieved from FRED.