Seasonally Adjusted
HPBUSAPPSAMA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,641.00
Year-over-Year Change
12.37%
Date Range
7/1/2004 - 10/1/2020
Summary
The Seasonally Adjusted Housing Permits: 1-Unit Structures (HPBUSAPPSAMA) series measures the number of building permits issued for new privately-owned residential housing units, with adjustments to account for typical seasonal variations.
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 key construction indicator tracks the level of new residential housing activity, providing insight into future housing supply and consumer demand. Economists and policymakers closely monitor this series to assess the health of the housing market and broader economic conditions.
Methodology
The data is collected through surveys by the U.S. Census Bureau and seasonally adjusted by the Bureau of Economic Analysis.
Historical Context
Housing permits are an important leading indicator used by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- New residential housing permits are a leading indicator of future construction activity.
- Seasonally adjusted data accounts for typical seasonal fluctuations in the housing market.
- The housing market is a critical driver of the broader U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Housing Permits: 1-Unit Structures series tracks the number of new building permits issued for privately-owned single-family homes.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into future housing supply and consumer demand, making it a closely watched metric for economists and policymakers assessing the health of the housing market and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys by the U.S. Census Bureau and seasonally adjusted by the Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Housing permits are an important leading indicator used by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Housing Permits: 1-Unit Structures (HPBUSAPPSAMA), retrieved from FRED.