New Private Housing Units Authorized by Building Permits for Maryland
Not Seasonally Adjusted
MDBPPRIV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,027.00
Year-over-Year Change
-25.09%
Date Range
1/1/1988 - 6/1/2025
Summary
The 'Not Seasonally Adjusted' series measures the value of private residential building permits issued, providing insight into housing market activity without adjusting for seasonal variations.
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 'Not Seasonally Adjusted' series represents the raw, unadjusted data on private residential building permits, which is an important leading indicator of future housing construction and investment.
Methodology
Data is collected through surveys of state and local building permit offices.
Historical Context
Policymakers and analysts use this metric to understand the underlying trends in the housing market.
Key Facts
- Private residential building permits are a leading indicator of future housing starts.
- The 'Not Seasonally Adjusted' series captures the raw, unadjusted data.
- This metric is used by policymakers to monitor housing market trends.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series measures the value of private residential building permits issued, providing insight into housing market activity without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important leading indicator of future housing construction and investment, which is a key component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of state and local building permit offices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to understand the underlying trends in the housing market, which is an important driver of economic growth.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines of state and local building permit offices, which can result in occasional delays in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (MDBPPRIV), retrieved from FRED.