Unemployment to Population Rate: All Ages: All Persons for Austria
Quarterly, Not Seasonally Adjusted
LRUPTTTTATQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.64
Year-over-Year Change
36.36%
Date Range
1/1/1998 - 7/1/2014
Summary
This economic trend measures the total number of U.S. housing units authorized for construction on a quarterly basis, without seasonal adjustments. It provides insight into the pace of 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, Not Seasonally Adjusted housing units authorized trend tracks the total number of new residential building permits issued each quarter in the United States. This key metric helps economists and policymakers assess the health and momentum of the housing sector.
Methodology
The data is collected directly from local government building permit offices and aggregated by the U.S. Census Bureau.
Historical Context
Housing construction trends are closely monitored for their implications on economic growth, employment, and consumer spending.
Key Facts
- Quarterly data, not seasonally adjusted.
- Measures new residential building permits.
- Provides insight into the housing sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new residential building permits issued each quarter in the United States, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Housing construction trends are closely monitored as they provide insight into the health and momentum of the housing sector, with implications for economic growth, employment, and consumer spending.
Q: How is this data collected or calculated?
A: The data is collected directly from local government building permit offices and aggregated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely track housing construction trends to assess the overall state of the economy and make informed decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with no seasonal adjustments made.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUPTTTTATQ156N), retrieved from FRED.