Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for Israel
ISRPERMITAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.71
Year-over-Year Change
44.79%
Date Range
1/1/1995 - 1/1/2023
Summary
This economic trend measures the number of building permits issued for dwellings in Israel, providing insights into construction activity and economic growth.
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 'Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for Israel' metric tracks the volume of new construction projects authorized through the issuance of building permits. This data point is a leading indicator of future construction and investment activity.
Methodology
The data is collected directly from government agencies responsible for issuing building permits in Israel.
Historical Context
This trend is closely monitored by policymakers, economists, and investors to assess the health of the Israeli construction and real estate sectors.
Key Facts
- Building permits are a leading indicator of future construction.
- The Israeli construction sector is a key driver of economic growth.
- Permit data provides insights into housing supply and demand dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of building permits issued for new dwellings in Israel, which is a leading indicator of future construction activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely followed by policymakers, economists, and investors to assess the health and outlook of the Israeli construction and real estate sectors.
Q: How is this data collected or calculated?
A: The data is collected directly from government agencies responsible for issuing building permits in Israel.
Q: How is this trend used in economic policy?
A: Permit data is used by policymakers and analysts to understand housing supply and demand dynamics, which informs decisions on monetary policy, fiscal incentives, and urban planning.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be some delays in reporting due to the time required for permit applications and processing.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for Israel (ISRPERMITAISMEI), retrieved from FRED.