Hours: Hours Worked: Manufacturing: Monthly for Japan
Quarterly, Seasonally Adjusted
HOHWMN03JPQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.94
Year-over-Year Change
3.71%
Date Range
1/1/1960 - 7/1/2023
Summary
This economic trend measures the total value of housing units started in Japan on a quarterly, seasonally adjusted basis. It provides important insights into the health and direction of the Japanese 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 Housing Starts indicator tracks the number of new residential construction projects that began during the reference period in Japan. It is a leading economic indicator used by policymakers and analysts to assess housing sector activity and overall economic conditions.
Methodology
The data is collected through surveys of construction companies and building permit records.
Historical Context
Housing starts are closely monitored by the Bank of Japan and other government agencies to inform monetary and fiscal policies.
Key Facts
- Housing starts in Japan peaked in 1972 at over 1.6 million units.
- Japan experienced a sharp decline in housing starts following the 2008 global financial crisis.
- Residential construction accounts for around 5% of Japan's total GDP.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of new residential construction projects that began in Japan on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Housing starts is a leading economic indicator that provides insights into the health and direction of the Japanese housing market, which is an important driver of overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction companies and building permit records.
Q: How is this trend used in economic policy?
A: Housing starts are closely monitored by the Bank of Japan and other government agencies to inform monetary and fiscal policies aimed at supporting the housing sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, so there may be a delay of several months before the most recent information is available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (HOHWMN03JPQ661S), retrieved from FRED.