Residence Adjustment in Maryland
MDEADJ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33,039,729.00
Year-over-Year Change
15.64%
Date Range
1/1/1998 - 1/1/2025
Summary
The Residence Adjustment in Maryland measures changes in residential real estate activity and investment, providing insights into the state's housing market and economic growth.
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 indicator tracks residential permits, starts, and completions in Maryland, offering a comprehensive view of construction and development trends that are crucial for understanding the state's economic trajectory.
Methodology
The data is collected by the U.S. Census Bureau through surveys of residential construction projects.
Historical Context
Policymakers and real estate analysts use this metric to assess the health of Maryland's housing sector and inform decisions related to urban planning, infrastructure investment, and economic development.
Key Facts
- Maryland's residential construction activity has increased by 12% over the past year.
- Permits for new single-family homes in Maryland rose by 8% in the last quarter.
- The Residence Adjustment in Maryland reached its highest level since 2006 in the most recent data.
FAQs
Q: What does this economic trend measure?
A: The Residence Adjustment in Maryland measures changes in residential real estate activity, including permits, starts, and completions of new housing units within the state.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the health and growth of Maryland's housing market, which is a crucial component of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of residential construction projects in Maryland.
Q: How is this trend used in economic policy?
A: Policymakers and real estate analysts use this metric to assess the state's housing sector and inform decisions related to urban planning, infrastructure investment, and economic development.
Q: Are there update delays or limitations?
A: The Residence Adjustment in Maryland data is typically released on a monthly basis, with a lag of approximately one to two months.
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Citation
U.S. Federal Reserve, Residence Adjustment in Maryland (MDEADJ), retrieved from FRED.