Nominal Changes in Inventories for Estonia
Quarterly, Seasonally Adjusted
NINVSAXDCESQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,854.00
Year-over-Year Change
-62.94%
Date Range
1/1/1995 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the value of new privately owned housing units started in the United States. This metric is a key indicator of housing market activity and a leading economic indicator used by policymakers and analysts.
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 Quarterly, Seasonally Adjusted series tracks the number of new residential construction projects that have begun each quarter, adjusted for seasonal variations. It serves as an important barometer of overall housing market conditions and consumer confidence.
Methodology
The data is collected through surveys of residential building permit issuers and construction firms.
Historical Context
This metric informs analyses of the broader economy, real estate market trends, and the effectiveness of housing policies.
Key Facts
- New housing starts peaked in 2006 before the Great Recession.
- The series experienced a steep decline during the 2008-2009 financial crisis.
- Housing starts have remained below pre-recession levels in recent years.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series tracks the number of new privately owned housing units that have begun construction in the United States each quarter.
Q: Why is this trend relevant for users or analysts?
A: New housing starts is a leading indicator that provides insight into the health of the housing market and broader economy. It informs analyses of consumer demand, construction activity, and the effectiveness of housing policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of residential building permit issuers and construction firms.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor new housing starts as an indicator of consumer confidence and a driver of economic growth. The data helps inform decisions on monetary policy, housing regulations, and stimulus measures.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted series is released with a lag of approximately one month after the end of each quarter. There may be revisions to the data in subsequent releases.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (NINVSAXDCESQ), retrieved from FRED.