Number of Residential Buildings Constructed for Bremen, Germany
A0281HDE00BREA470NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
527.00
Year-over-Year Change
-22.84%
Date Range
1/1/1855 - 1/1/1911
Summary
This economic indicator tracks the number of new residential buildings constructed in the city of Bremen, Germany. It provides insights into local housing market dynamics and construction industry activity.
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 Number of Residential Buildings Constructed for Bremen, Germany measures the volume of new multi-family and single-family housing development within the city limits. This data point is widely used by urban planners, real estate analysts, and policymakers to assess trends in local housing supply and construction sector performance.
Methodology
The data is collected through building permit records and construction project reporting by local authorities.
Historical Context
Trends in residential construction are a key input for forecasting Bremen's economic growth and housing affordability.
Key Facts
- Bremen is a major city in northern Germany.
- Residential construction is an important economic driver for Bremen.
- The data is updated quarterly by the German statistical agency.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of new residential buildings constructed within the city limits of Bremen, Germany.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into local housing market dynamics and construction industry activity, which are important for urban planning, real estate analysis, and economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected through building permit records and construction project reporting by local authorities in Bremen.
Q: How is this trend used in economic policy?
A: Trends in residential construction are a key input for forecasting Bremen's economic growth and housing affordability, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the German statistical agency.
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Citation
U.S. Federal Reserve, Number of Residential Buildings Constructed for Bremen, Germany (A0281HDE00BREA470NNBR), retrieved from FRED.