Business Applications with Planned Wages: Total for All NAICS in Ohio
Not Seasonally Adjusted
BAWBATOTALNSAOH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,325.00
Year-over-Year Change
5.33%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' trend measures the total value of building permits issued each month in Ohio, without adjusting for seasonal factors like weather or holidays.
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 indicator provides insight into the level of construction activity and investment in Ohio. It is used by economists, policymakers, and real estate analysts to gauge the health of the local housing and construction sectors.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state and local permit-issuing agencies.
Historical Context
Policymakers and market participants monitor this trend to understand local economic conditions and make informed decisions.
Key Facts
- Building permits are a leading indicator of future construction activity.
- Ohio is the 7th most populous state in the U.S.
- Construction is a major industry and employer in Ohio.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the total value of building permits issued each month in Ohio, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the level of construction activity and investment in Ohio, which is useful for economists, policymakers, and real estate analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state and local permit-issuing agencies.
Q: How is this trend used in economic policy?
A: Policymakers and market participants monitor this trend to understand local economic conditions and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BAWBATOTALNSAOH), retrieved from FRED.