Production: Manufacturing: Intermediate Goods: Total for Austria
Annual, Seasonally Adjusted
PRMNIG01ATA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.23
Year-over-Year Change
38.96%
Date Range
1/1/1960 - 1/1/2022
Summary
The Annual, Seasonally Adjusted series measures the value of new private housing units started each year in the United States. This key metric provides insights into residential construction activity and the health of the 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
The Annual, Seasonally Adjusted housing starts series tracks the total number of new private housing units that began construction on an annual basis, with seasonal fluctuations removed. It is a leading indicator of economic activity and a closely watched barometer of the construction industry.
Methodology
The data is collected by the U.S. Census Bureau through surveys of residential building permits.
Historical Context
Housing starts are a crucial input for policymakers, economists, and market analysts assessing the strength of the real estate sector and broader economic conditions.
Key Facts
- Housing starts averaged 1.6 million units per year from 2015-2019.
- New residential construction is a major component of GDP.
- Housing starts data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted housing starts series tracks the total number of new private housing units that began construction on an annual basis, with seasonal fluctuations removed.
Q: Why is this trend relevant for users or analysts?
A: Housing starts are a leading indicator of economic activity and a closely watched barometer of the construction industry, providing insights into residential investment and the health of the housing market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of residential building permits.
Q: How is this trend used in economic policy?
A: Housing starts data is a crucial input for policymakers, economists, and market analysts assessing the strength of the real estate sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The housing starts data is released monthly by the U.S. Census Bureau, with a typical delay of around one month.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (PRMNIG01ATA661S), retrieved from FRED.