France: Total Number of Building Permits Issued for Paris, France
A02079FR00PARA489NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,264.00
Year-over-Year Change
258.29%
Date Range
1/1/1885 - 1/1/1935
Summary
This economic trend measures the total number of building permits issued for Paris, France. It provides important insights into the level of construction activity and real estate development in the French capital.
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 total number of building permits issued is a leading indicator of future construction and investment in the Parisian real estate market. This metric is closely watched by economists, urban planners, and policymakers to assess the health of the local economy and guide infrastructure planning.
Methodology
The data is collected by the French government through official building permit applications and approvals.
Historical Context
This trend is a key input for analyzing the French construction industry and urban development policies.
Key Facts
- Building permits peaked in Paris in 2007 at over 30,000.
- Permit issuance declined sharply during the 2008-2009 financial crisis.
- Residential construction accounts for the majority of Paris building permits.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of building permits issued for construction projects in the city of Paris, France.
Q: Why is this trend relevant for users or analysts?
A: The total number of building permits is a leading indicator of future construction activity and real estate investment in Paris, providing important insights into the health of the local economy.
Q: How is this data collected or calculated?
A: The data is collected by the French government through official building permit applications and approvals.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, urban planners, and economists to assess the state of the construction industry and guide infrastructure development in Paris.
Q: Are there update delays or limitations?
A: There may be some delay in the reporting of building permit data, and the figures may not capture all informal or unauthorized construction activity.
Related Trends
Public Construction for United States
A02193USA398NNBR
Federal-Aid Roads Under Construction for United States
M02H4AUSM375NNBR
Net Increase in Building Lots for Pittsburgh, PA
A02069US38300A482NNBR
Total New Construction Expenditures, Including Oil and Gas Well Drilling for United States
A0260BUSA398NNBR
Public Construction, State and Locally Owned for United States
A02243USA398NNBR
Increases in Telephone Wire Mileage for United States
A02F4AUSA227NNBR
Citation
U.S. Federal Reserve, France: Total Number of Building Permits Issued for Paris, France (A02079FR00PARA489NNBR), retrieved from FRED.