Business Applications with Planned Wages: Total for All NAICS in Indiana
Not Seasonally Adjusted
BAWBATOTALNSAIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
795.00
Year-over-Year Change
-11.07%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' economic indicator tracks the total value of building permits issued in the United States, a key metric for monitoring construction activity and investment.
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 series measures the dollar value of building permits approved by local authorities, providing insight into planned construction projects. It is an important economic indicator used by analysts and policymakers to assess market conditions and forecast future economic growth.
Methodology
The data is collected monthly by the U.S. Census Bureau through surveys of local permit-issuing offices.
Historical Context
Building permits are closely watched as a leading indicator of housing starts and broader economic activity.
Key Facts
- Building permits reached a peak in 2005 before declining during the Great Recession.
- The value of building permits is a key input for GDP and construction industry forecasts.
- Monthly permit data is released around the 1st of each month by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total dollar value of building permits issued by local authorities, providing insight into planned construction projects.
Q: Why is this trend relevant for users or analysts?
A: Building permits are a leading indicator of housing starts and broader economic activity, making this data highly relevant for analysts, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected monthly by the U.S. Census Bureau through surveys of local permit-issuing offices.
Q: How is this trend used in economic policy?
A: Building permit data is closely watched by economists and policymakers as an indicator of future construction activity, housing starts, and overall economic growth.
Q: Are there update delays or limitations?
A: The building permits data is released around the 1st of each month, with a short lag from the reference period.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BAWBATOTALNSAIN), retrieved from FRED.