Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Portugal
Number, Monthly level, Annual, Seasonally Adjusted
ODCNPI03PTA470S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,520.58
Year-over-Year Change
20.98%
Date Range
1/1/1994 - 1/1/2022
Summary
This series measures the monthly level, annual, and seasonally adjusted number of 'Other Durable Goods and Parts' manufacturing in the United States. It provides insights into the health and trends of this important economic sector.
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 'Other Durable Goods and Parts' industry encompasses the manufacturing of a wide range of durable goods, excluding motor vehicles and parts. This data series is a key indicator of production activity and overall economic conditions.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Economists and policymakers closely monitor this series to gauge the strength of the U.S. manufacturing sector and broader economic trends.
Key Facts
- The 'Other Durable Goods and Parts' industry accounts for over 10% of total U.S. manufacturing output.
- This series has shown steady growth since the 2008-2009 recession, reflecting the broader recovery in the manufacturing sector.
- Seasonally adjusted data is used to account for typical seasonal patterns in production and shipments.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly level, annual, and seasonally adjusted number of 'Other Durable Goods and Parts' manufacturing in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data series is a key indicator of production activity and overall economic conditions, providing insights into the health and trends of this important manufacturing sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this series to gauge the strength of the U.S. manufacturing sector and broader economic trends.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical delay of 4-6 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Number, Monthly level, Annual, Seasonally Adjusted (ODCNPI03PTA470S), retrieved from FRED.