Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for Czechia
Quarterly, Seasonally Adjusted
LRHU24TTCZQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.87
Year-over-Year Change
46.85%
Date Range
1/1/1993 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the total value of housing units completed in the United States on a quarterly basis after accounting for seasonal fluctuations. This metric is crucial for economists and policymakers to understand trends in residential construction activity.
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 Quarterly, Seasonally Adjusted series is a key indicator of the health of the U.S. housing market. It tracks the total number of new housing units that have been fully constructed and are ready for occupancy, providing insights into the pace of residential development and the overall strength of the construction industry.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of residential construction activity.
Historical Context
This trend is widely monitored by economists, real estate analysts, and policymakers to assess the state of the housing market and inform economic and housing policies.
Key Facts
- The series reached a peak in 2005 at over 2 million units completed.
- Housing completions declined sharply during the Great Recession, falling below 500,000 units in 2009.
- As of the latest data, housing completions have recovered to around 1.4 million units per quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the total number of new housing units that have been fully constructed and are ready for occupancy in the United States on a quarterly basis, after accounting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend is a crucial indicator of the health of the U.S. housing market, providing insights into the pace of residential development and the overall strength of the construction industry. It is closely monitored by economists, real estate analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of residential construction activity.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the state of the housing market and inform economic and housing policies, such as those related to mortgage rates, housing affordability, and residential development incentives.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted series is published by the U.S. Census Bureau with a typical delay of several weeks after the end of each quarter. There may be revisions to the data in subsequent releases.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHU24TTCZQ156S), retrieved from FRED.