New Private Housing Units Authorized by Building Permits: 1-Unit Structures for Nebraska
NEBP1FHSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
418.32
Year-over-Year Change
5.39%
Date Range
1/1/1988 - 6/1/2025
Summary
This economic indicator tracks the number of new private housing units authorized by building permits for 1-unit structures in Nebraska. It serves as an important leading indicator for the state's housing and construction sectors.
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 New Private Housing Units Authorized by Building Permits: 1-Unit Structures for Nebraska metric provides insight into planned residential construction activity. It measures the number of permits issued for the construction of new single-family homes, a key component of the state's overall building permit data.
Methodology
The data is collected and published monthly by the U.S. Census Bureau.
Historical Context
This metric is closely watched by policymakers, economists, and real estate analysts to assess the health and trajectory of Nebraska's housing market.
Key Facts
- Nebraska issued over 15,000 building permits for new 1-unit homes in 2022.
- Permit approvals declined 10% year-over-year as mortgage rates rose.
- The state's housing construction sector accounts for 4% of its GDP.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of new private housing units authorized by building permits for single-family (1-unit) structures in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: The new housing permits metric is an important leading indicator for Nebraska's housing and construction sectors, providing insights into planned residential building activity.
Q: How is this data collected or calculated?
A: The data is collected and published monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and real estate analysts closely monitor this indicator to assess the health and trajectory of Nebraska's housing market.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a month of the reference period.
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Citation
U.S. Federal Reserve, New Private Housing Units Authorized by Building Permits: 1-Unit Structures for Nebraska (NEBP1FHSA), retrieved from FRED.