New Private Housing Units Authorized by Building Permits: 1-Unit Structures for Utah
Seasonally Adjusted
UTBP1FHSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,185.94
Year-over-Year Change
-6.93%
Date Range
1/1/1988 - 6/1/2025
Summary
The 'Seasonally Adjusted' economic indicator measures the trend in U.S. total business productivity, providing insight into overall economic efficiency and competitiveness.
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
Total Business Productivity is a key metric used by economists and policymakers to assess the health and competitiveness of the U.S. economy. It tracks how efficiently businesses convert inputs like labor and capital into economic outputs.
Methodology
The data is calculated by the U.S. Federal Reserve using established statistical methods to adjust for seasonal variations.
Historical Context
Trends in total business productivity are closely monitored by market analysts and government agencies to inform economic policy decisions.
Key Facts
- U.S. total business productivity grew 2.8% in 2021.
- Productivity is a key driver of economic growth and living standards.
- Seasonal adjustment helps identify underlying productivity trends.
FAQs
Q: What does this economic trend measure?
A: The 'Seasonally Adjusted' indicator measures the underlying trend in total business productivity in the United States.
Q: Why is this trend relevant for users or analysts?
A: Productivity growth is a critical driver of economic competitiveness, so this metric is closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using established statistical methods to adjust for seasonal variations.
Q: How is this trend used in economic policy?
A: Trends in total business productivity inform economic policy decisions made by government agencies and central banks.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (UTBP1FHSA), retrieved from FRED.