Business Applications with Planned Wages: Total for All NAICS in Pennsylvania
Not Seasonally Adjusted
BAWBATOTALNSAPA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,307.00
Year-over-Year Change
-5.90%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' economic trend measures the total value of building permits issued for new residential construction in the United States. This metric is a key indicator of the health and future direction of the housing market.
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 'Not Seasonally Adjusted' series tracks the total number of building permits issued for new private housing units without accounting for typical seasonal variations. This provides a more raw, unfiltered view of construction activity compared to seasonally adjusted data.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of local building permit offices.
Historical Context
Analysts and policymakers closely monitor building permit trends to gauge the strength of the housing sector and broader economic conditions.
Key Facts
- Building permits are a leading indicator of future housing construction.
- Permit data provides insights into builder confidence and market expectations.
- The 'Not Seasonally Adjusted' series shows the raw, unfiltered permit figures.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series tracks the total number of building permits issued for new private housing units in the United States, without accounting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Building permit data is a key leading indicator of future housing construction activity and can provide insights into builder confidence and market expectations.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of local building permit offices.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor building permit trends to gauge the strength of the housing sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The building permit data is reported monthly, with some potential for delays in local reporting to the Census Bureau.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BAWBATOTALNSAPA), retrieved from FRED.