Total Operating Revenues, Telephone Companies for United States
Millions of Dollars, Monthly, Not Seasonally Adjusted
M0318DUSM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
771.60
Year-over-Year Change
6.72%
Date Range
1/1/1948 - 12/1/1961
Summary
This economic indicator measures the total value of new single-family home sales in the United States on a monthly basis. It provides insight into the strength of the housing market and consumer demand.
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 Millions of Dollars, Monthly, Not Seasonally Adjusted series tracks the total dollar value of new single-family home sales across the U.S. This data is used by economists and policymakers to analyze trends in the housing sector and consumer spending.
Methodology
The data is collected through surveys of home builders and real estate agents by the U.S. Census Bureau.
Historical Context
This metric is closely watched by the Federal Reserve and other institutions to gauge the health of the U.S. economy.
Key Facts
- The series measures the total value of new single-family home sales.
- Data is reported on a monthly basis by the U.S. Census Bureau.
- The metric is not seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total dollar value of new single-family home sales in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength of the housing market and consumer demand, which are key factors in assessing the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of home builders and real estate agents by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by the Federal Reserve and other institutions to gauge the state of the housing sector and consumer spending, which inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with no significant update delays.
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Citation
U.S. Federal Reserve, Millions of Dollars, Monthly, Not Seasonally Adjusted (M0318DUSM144NNBR), retrieved from FRED.