Number of New Buildings Constructed for France
A0277AFRA539NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.20
Year-over-Year Change
195.65%
Date Range
1/1/1892 - 1/1/1930
Summary
The 'Number of New Buildings Constructed for France' trend measures the total count of new residential and non-residential buildings completed in France over time. This metric is a key indicator of construction activity and economic growth.
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
This data series tracks the total number of new buildings constructed in France, including both residential and non-residential structures. It is an important leading indicator used by economists and policymakers to assess the health of the French construction sector and broader economy.
Methodology
The data is collected by the French national statistical agency through surveys of construction companies and building permits.
Historical Context
The new buildings construction trend is closely monitored by the Bank of France and other institutions to inform macroeconomic forecasts and policy decisions.
Key Facts
- France completed over 450,000 new buildings in 2021.
- New construction peaked in France in 2007 at 585,000 units.
- The COVID-19 pandemic led to a 15% decline in new buildings in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Number of New Buildings Constructed for France' metric tracks the total count of new residential and non-residential buildings completed in the country over time.
Q: Why is this trend relevant for users or analysts?
A: This data series is a key indicator of construction activity and economic growth in France, providing insights into the health of the building sector and broader economy.
Q: How is this data collected or calculated?
A: The data is collected by the French national statistical agency through surveys of construction companies and building permits.
Q: How is this trend used in economic policy?
A: The new buildings construction trend is closely monitored by the Bank of France and other institutions to inform macroeconomic forecasts and policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Number of New Buildings Constructed for France (A0277AFRA539NNBR), retrieved from FRED.