Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Denmark
Annual, Not Seasonally Adjusted
LRHU24MADKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.60
Year-over-Year Change
39.93%
Date Range
1/1/1983 - 1/1/2019
Summary
This economic trend measures the annual, not seasonally adjusted total housing units completed in the United States. It provides important insights into the health and activity of the residential construction sector.
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 Annual, Not Seasonally Adjusted total housing units completed metric tracks the number of new housing units built and delivered to the market over a 12-month period. It is a key indicator of construction industry performance and housing supply.
Methodology
The data is collected by the U.S. Census Bureau through surveys of residential construction activity.
Historical Context
This trend is closely monitored by economists, policymakers, and real estate analysts to assess the state of the housing market and make informed decisions.
Key Facts
- The annual total of housing units completed in the U.S. reached a peak of 2.07 million in 2005.
- Housing completions declined sharply during the Great Recession, reaching a low of 0.55 million in 2009.
- In 2021, the annual total of housing units completed was 1.38 million.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new housing units completed in the United States over a 12-month period, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The annual housing units completed metric is a key indicator of the health and activity of the residential construction sector, which is a critical component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of residential construction activity.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the state of the housing market and make informed decisions about economic and housing policies.
Q: Are there update delays or limitations?
A: The data is typically released with a delay of a few months and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHU24MADKA156N), retrieved from FRED.