Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Portugal
Monthly, Not Seasonally Adjusted
LRHUADTTPTM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-1.96%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the total number of housing units authorized by building permits on a monthly basis, without seasonal adjustments. It provides important insights into the state of the U.S. housing and construction sectors.
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 'Monthly, Not Seasonally Adjusted' housing units authorized by building permits trend tracks the total number of new residential construction projects approved each month. This metric is a leading indicator of future housing supply and construction activity, which is crucial for understanding the broader state of the economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of local permit-issuing offices.
Historical Context
Policymakers and analysts use this metric to gauge the health of the housing market and make informed decisions about economic and fiscal policies.
Key Facts
- Permits are a leading indicator of future housing construction.
- Volatile, non-seasonally adjusted data can provide unique insights.
- The metric helps assess the overall health of the housing market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new residential housing units authorized by building permits on a monthly basis, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important leading indicator for the housing and construction sectors, providing insights into future supply and activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local permit-issuing offices by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the health of the housing market and make informed decisions about economic and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be delays in reporting from local permit offices.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRHUADTTPTM156N), retrieved from FRED.