Number of New Private Nonfarm Housing Units Started, One-Family for United States
Thousands of Units, Monthly, Not Seasonally Adjusted
M0201AUSM176NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64.20
Year-over-Year Change
-8.42%
Date Range
1/1/1940 - 12/1/1959
Summary
This economic trend measures the total number of housing units started each month in the United States. It is a key indicator of construction activity and residential investment, which are important components of 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
The Housing Starts metric tracks the number of new residential construction projects that began during the reported period. It is a leading indicator that provides insight into housing demand, lending conditions, and broader economic trends.
Methodology
The data is collected through surveys of homebuilders and construction firms across the country.
Historical Context
Housing starts data is closely monitored by policymakers, analysts, and investors to assess the health of the real estate market and overall economy.
Key Facts
- Housing starts peaked at 2.27 million units in January 2006.
- The lowest level in the past decade was 478,000 units in April 2009.
- Single-family housing starts account for about 70% of the total.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of new residential construction projects that began each month in the United States.
Q: Why is this trend relevant for users or analysts?
A: Housing starts is a leading indicator that provides insights into housing demand, lending conditions, and the broader economic outlook.
Q: How is this data collected or calculated?
A: The data is collected through surveys of homebuilders and construction firms across the country.
Q: How is this trend used in economic policy?
A: Housing starts data is closely monitored by policymakers, analysts, and investors to assess the health of the real estate market and overall economy.
Q: Are there update delays or limitations?
A: The housing starts data is reported monthly with a typical delay of around one month.
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Citation
U.S. Federal Reserve, Thousands of Units, Monthly, Not Seasonally Adjusted (M0201AUSM176NNBR), retrieved from FRED.