New Private Housing Units Authorized by Building Permits for the Northeast Census Region
Not Seasonally Adjusted
CNERBPPRIV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,138.00
Year-over-Year Change
-14.06%
Date Range
1/1/1988 - 6/1/2025
Summary
The 'Not Seasonally Adjusted' economic trend measures the value of private building permits issued for new residential construction. It provides insights into the level of construction activity and housing market conditions.
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 private residential building permits issued across the United States. This data is used by economists and policymakers to assess the strength of the housing market and broader economic trends.
Methodology
The data is collected by the U.S. Census Bureau through surveys of local permit-issuing offices.
Historical Context
The 'Not Seasonally Adjusted' trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- Private building permits reached a peak in 2005 before declining during the housing crisis.
- Permit issuance is a leading indicator of future housing construction activity.
- The trend is not seasonally adjusted, so it reflects the typical seasonal patterns in construction.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the total number of private residential building permits issued across the United States.
Q: Why is this trend relevant for users or analysts?
A: The trend provides insights into the strength of the housing market and construction activity, which are important indicators of broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of local permit-issuing offices.
Q: How is this trend used in economic policy?
A: The 'Not Seasonally Adjusted' trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of around 1-2 months.
Related Trends
Consumer Unit Characteristics: Percent Homeowner by Region: Residence in the Northeast Census Region
CXUHOMEOWNLB1102M
Expenditures: Cash Contributions by Region: Residence in the Northeast Census Region
CXUCASHCONTLB1102M
Housing Inventory Estimate: Vacant Housing Units in the Northeast Census Region
EVACANTNEQ176N
Producer Price Index by Industry: Ready-Mix Concrete Manufacturing: Ready-Mix Concrete for Northeast Census Region
PCU327320327320A
Consumer Unit Characteristics: Age of Reference Person by Region: Residence in the Northeast Census Region
CXU980020LB1102M
New Privately Owned Housing Completions by Number of Units in Building, 2 to 4 Units in the Northeast Census Region
COMPCB24UMNEQ
Citation
U.S. Federal Reserve, Not Seasonally Adjusted (CNERBPPRIV), retrieved from FRED.