Number of Residential Buildings Constructed and Inspected for Berlin, Germany
Number of Buildings, Monthly, Not Seasonally Adjusted
M02FGBDE00BERM470NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
893.00
Year-over-Year Change
32.89%
Date Range
1/1/1923 - 12/1/1933
Summary
The 'Number of Buildings, Monthly, Not Seasonally Adjusted' metric tracks the volume of new building construction activity in the United States. This indicator provides insight into the health of the construction industry and broader economic trends.
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 series measures the total number of new building permits issued each month by the U.S. Census Bureau, excluding seasonal adjustments. It serves as a leading indicator for construction activity and investment, which are important drivers of economic growth.
Methodology
The data is collected through monthly surveys of local permit-issuing agencies across the country.
Historical Context
Policymakers and market analysts closely monitor this metric to gauge the strength of the construction sector and make informed decisions.
Key Facts
- The U.S. issued over 1.6 million new building permits in 2022.
- Building permits are a leading indicator of future construction activity.
- The construction industry accounts for approximately 4% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of new building permits issued each month by the U.S. Census Bureau, providing a measure of construction activity in the United States.
Q: Why is this trend relevant for users or analysts?
A: The number of building permits is a leading indicator for construction investment and economic growth, making it an important metric for policymakers and market analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of local permit-issuing agencies across the country.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to gauge the strength of the construction sector and make informed decisions about economic policy and investment.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month delay, and does not account for seasonal variations in construction activity.
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Citation
U.S. Federal Reserve, Number of Buildings, Monthly, Not Seasonally Adjusted (M02FGBDE00BERM470NNBR), retrieved from FRED.