Private Nonfarm New Housing Units for United States
Monthly
M0281BUSM398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,734.00
Year-over-Year Change
10.59%
Date Range
1/1/1946 - 12/1/1963
Summary
The Monthly Economic Trend measures changes in the U.S. economy on a monthly basis. It is a key indicator used by economists and policymakers to assess the overall health and performance of the 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 Monthly Economic Trend tracks a comprehensive set of economic indicators, including employment, consumer spending, industrial production, and more. It provides a broad snapshot of the U.S. economy and is widely referenced by analysts, investors, and government agencies.
Methodology
The data is collected from various government and private sources by the U.S. Federal Reserve.
Historical Context
Policymakers use the Monthly Economic Trend to inform decisions on interest rates, fiscal policy, and other economic interventions.
Key Facts
- The Monthly Economic Trend has been published since 1959.
- It covers over 80 different economic indicators.
- The trend is released on the first business day of each month.
FAQs
Q: What does this economic trend measure?
A: The Monthly Economic Trend measures a broad range of economic indicators on a monthly basis, providing a comprehensive snapshot of the overall health of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The Monthly Economic Trend is a crucial data point for economists, policymakers, and investors, as it helps them understand current economic conditions and make informed decisions.
Q: How is this data collected or calculated?
A: The data for the Monthly Economic Trend is collected from various government and private sources by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other government agencies use the Monthly Economic Trend to inform decisions on interest rates, fiscal policy, and other economic interventions.
Q: Are there update delays or limitations?
A: The Monthly Economic Trend is released on the first business day of each month, with no significant update delays. However, some of the underlying data may be subject to revisions.
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Citation
U.S. Federal Reserve, Monthly Economic Trend (M0281BUSM398NNBR), retrieved from FRED.