Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for Czechia
Annual, Not Seasonally Adjusted
LRHU24TTCZA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.57
Year-over-Year Change
-50.94%
Date Range
1/1/1993 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted total construction put in place for private housing in the United States. It provides insights into the health and activity 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 annual, not seasonally adjusted total construction put in place for private housing is a key indicator of residential construction activity. It represents the dollar value of new private housing units built and added to the inventory of the nation's housing stock.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of construction activity.
Historical Context
This metric is widely used by economists, policymakers, and real estate analysts to monitor trends in the housing market and inform decisions.
Key Facts
- The annual, not seasonally adjusted total construction put in place for private housing reached a peak of $691 billion in 2005.
- In 2021, the annual, not seasonally adjusted total construction put in place for private housing was $652 billion.
- The data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted total construction put in place for private housing in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and activity of the residential construction sector, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of construction activity.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and real estate analysts to monitor trends in the housing market and inform decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with minimal update delays.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHU24TTCZA156N), retrieved from FRED.