Civilian Labor Force in North Dakota
Monthly, Not Seasonally Adjusted
NDLFN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
437,013.00
Year-over-Year Change
0.83%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' economic trend measures the total value of new one-family houses sold in the United States, providing insights into the residential housing market.
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 metric represents the sales of new single-family homes, which is an important indicator of economic activity and consumer confidence. It is closely monitored by economists, policymakers, and real estate analysts to gauge the health of the housing sector.
Methodology
The data is collected through surveys of home builders and developers by the U.S. Census Bureau.
Historical Context
New home sales figures are used to inform economic and housing policy decisions.
Key Facts
- New home sales reached a high of 1.08 million in 2005.
- The lowest point was 306,000 in 2011 during the housing crisis.
- 2022 saw an average of 670,000 new home sales per month.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the total number of new single-family homes sold in the United States each month.
Q: Why is this trend relevant for users or analysts?
A: New home sales are a key indicator of housing market activity and consumer confidence, making this metric closely watched by economists, policymakers, and real estate professionals.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of home builders and developers by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: New home sales figures are used to inform economic and housing policy decisions, as the housing sector is a major driver of economic growth.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month, and it does not account for seasonal variations in home sales.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (NDLFN), retrieved from FRED.