New Privately-Owned Housing Units Authorized in Permit-Issuing Places: Total Units in the Midwest Census Region
Not Seasonally Adjusted
PERMITMWNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.80
Year-over-Year Change
13.66%
Date Range
1/1/1959 - 6/1/2025
Summary
The 'Not Seasonally Adjusted' trend measures the number of new housing permits issued each month without adjusting for seasonal factors. This metric is important for economists and policymakers to understand construction and housing market trends.
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' metric represents the total number of new privately-owned housing units authorized by building permits each month, without removing the effects of typical seasonal variation. This raw data provides insight into the underlying strength of the housing construction sector.
Methodology
The U.S. Census Bureau collects this data through surveys of local building permit offices.
Historical Context
Policymakers and analysts use this trend to assess the health of the housing market and make informed decisions.
Key Facts
- Permits are a leading indicator of housing construction activity.
- Unadjusted data shows the true month-over-month change in permits.
- The metric does not account for typical seasonal patterns.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the monthly count of new privately-owned housing units authorized by building permits, without adjusting for typical seasonal variation.
Q: Why is this trend relevant for users or analysts?
A: This raw, unadjusted data provides insight into the underlying strength of the housing construction sector, which is an important indicator of economic activity.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of local building permit offices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health of the housing market and make informed decisions about economic and housing policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months. The unadjusted nature of the metric means it does not account for typical seasonal patterns in construction activity.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (PERMITMWNSA), retrieved from FRED.