New Private Housing Units Authorized by Building Permits, Value for United States
Millions of Current Dollars, Monthly, Not Seasonally Adjusted
M0205BUSM398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,049.80
Year-over-Year Change
-19.84%
Date Range
1/1/1954 - 4/1/1960
Summary
This economic trend measures the total value of business sales in the United States on a monthly basis, without seasonal adjustments. It provides important insights into the health and performance of the broader economy.
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 'Millions of Current Dollars, Monthly, Not Seasonally Adjusted' series tracks the total value of sales made by businesses across the United States. This metric is a key indicator of consumer and commercial demand, and is widely used by economists and policymakers to assess economic conditions.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and market analysts closely monitor this trend to gauge overall economic activity and consumer spending patterns.
Key Facts
- The series tracks over $5 trillion in monthly business sales.
- Sales data is collected from a survey of over 5,000 U.S. businesses.
- This metric is a leading indicator of broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of sales made by businesses across the United States on a monthly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer and commercial demand, and is widely used by economists and policymakers to assess the overall health and performance of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this trend to gauge overall economic activity and consumer spending patterns, which informs policy decisions and market forecasts.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 week delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Millions of Current Dollars, Monthly, Not Seasonally Adjusted (M0205BUSM398NNBR), retrieved from FRED.