New Private Housing Units Authorized by Building Permits for Missouri
Not Seasonally Adjusted
MOBPPRIV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,036.00
Year-over-Year Change
6.04%
Date Range
1/1/1988 - 6/1/2025
Summary
The 'Not Seasonally Adjusted' trend measures the value of new private housing units authorized by building permits in the U.S. This metric is an important indicator of housing and construction market activity.
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 'Not Seasonally Adjusted' series represents the total number of new private housing units authorized by building permits, excluding seasonal adjustments. This provides a raw, unadjusted view of construction activity that is useful for analysts and policymakers.
Methodology
The data is collected through the U.S. Census Bureau's monthly Building Permits Survey.
Historical Context
Trends in housing permits are closely monitored by economists, real estate investors, and policymakers to gauge the health of the construction industry and broader economy.
Key Facts
- New private housing units authorized in 2022 totaled over 1.6 million.
- Housing permits are a leading indicator of future construction activity.
- The series is reported monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the total number of new private housing units authorized by building permits in the U.S., excluding seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Trends in housing permits are closely monitored by economists, real estate investors, and policymakers as an indicator of construction industry and broader economic activity.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Building Permits Survey.
Q: How is this trend used in economic policy?
A: Housing permit data is used by policymakers, central banks, and other institutions to assess the health of the construction industry and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The 'Not Seasonally Adjusted' series is reported monthly by the U.S. Census Bureau with a short lag, providing timely data for analysts and policymakers.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (MOBPPRIV), retrieved from FRED.