Number of New Private Nonfarm Housing Units Started, Two-Family for United States
M0202AUSM176NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.20
Year-over-Year Change
0.00%
Date Range
1/1/1940 - 12/1/1959
Summary
The Number of New Private Nonfarm Housing Units Started, Two-Family for the United States is an important economic indicator that tracks new 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
This metric measures the number of new two-family housing units that have begun construction in the private, nonfarm sector of the U.S. economy. It is a key leading indicator for the housing market and broader economic trends.
Methodology
The data is collected by the U.S. Census Bureau through surveys of builders and developers.
Historical Context
Policymakers and analysts use this data to assess the health of the housing sector and make informed decisions.
Key Facts
- Two-family housing units are also known as duplexes.
- New housing starts are a leading indicator of broader economic activity.
- The series is published monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of new two-family housing units that have begun construction in the private, nonfarm sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: New housing starts are a key leading indicator for the housing market and broader economic trends, providing insights into residential investment and construction activity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of builders and developers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the health of the housing sector and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Census Bureau with a relatively short time lag.
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Citation
U.S. Federal Reserve, Number of New Private Nonfarm Housing Units Started, Two-Family for United States (M0202AUSM176NNBR), retrieved from FRED.