Real Gross Fixed Capital Formation for Argentina
Annual, Not Seasonally Adjusted
NFIRXDCARA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124,542.70
Year-over-Year Change
-12.73%
Date Range
1/1/2004 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted data series tracks the total value of new one-family houses sold in the United States. This metric is a key indicator of housing market activity 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 NFIRXDCARA series measures the annual sales of new single-family homes in the U.S., excluding seasonal adjustments. This data provides insight into the overall health of the residential housing sector and consumer confidence.
Methodology
The U.S. Census Bureau collects this data through surveys of home builders and developers.
Historical Context
Economists and policymakers closely monitor new home sales to gauge consumer spending, construction activity, and broader economic trends.
Key Facts
- New home sales reached a peak of 1.28 million units in 2005.
- The annual sales rate dropped to just 306,000 units in 2011 during the housing crisis.
- As of the latest data, annual new home sales were over 800,000 units.
FAQs
Q: What does this economic trend measure?
A: The NFIRXDCARA series tracks the total annual sales of new single-family homes in the United States, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: New home sales data provides valuable insights into housing market activity, consumer spending, and broader economic conditions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau surveys home builders and developers to collect this data on annual new single-family home sales.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor new home sales to assess consumer confidence, construction sector health, and overall economic performance.
Q: Are there update delays or limitations?
A: This data is published monthly by the Census Bureau, with a typical 1-2 month lag between the reference period and the release date.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NFIRXDCARA), retrieved from FRED.