Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Portugal
Annual, Seasonally Adjusted
LRHU24MAPTA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.18
Year-over-Year Change
-42.94%
Date Range
1/1/1983 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the percentage change in housing affordability over time. It is an important indicator for economists and policymakers to understand housing market dynamics and the financial burden on consumers.
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
This trend tracks the relationship between median home prices, mortgage interest rates, and median family incomes, providing insight into the ability of the typical American family to purchase a home. It is widely used to assess housing market conditions and affordability for homebuyers.
Methodology
The data is calculated by the U.S. Federal Reserve using a formula that incorporates key housing and financial variables.
Historical Context
Policymakers and market analysts closely monitor this trend to inform decisions on housing policy, interest rates, and other economic interventions.
Key Facts
- The Annual, Seasonally Adjusted trend reached a record high in 2021.
- Housing affordability has declined in recent years due to rising home prices and interest rates.
- Improved housing affordability can boost homeownership and consumer spending.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the percentage change in housing affordability over time, taking into account median home prices, mortgage interest rates, and median family incomes.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insight into the financial burden on American families seeking to purchase a home, which is a key driver of consumer spending and overall economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using a formula that incorporates key housing and financial variables.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this trend to inform decisions on housing policy, interest rates, and other economic interventions that can impact housing affordability and homeownership.
Q: Are there update delays or limitations?
A: The Annual, Seasonally Adjusted trend is updated regularly by the Federal Reserve, but there may be some delays in data availability depending on the source.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHU24MAPTA156S), retrieved from FRED.