Gross Domestic Product: Wholesale Trade (42) in Nebraska
Annual, Not Seasonally Adjusted
NEWHOLENGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,638.00
Year-over-Year Change
77.27%
Date Range
1/1/1997 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures annual new home sales in the United States. This metric is a key indicator of residential construction activity and consumer demand for housing.
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 economic series tracks the total number of new single-family homes sold in the U.S. each year, without adjusting for seasonal factors. It provides insight into the overall health and long-term trends of the domestic housing market.
Methodology
The data is collected through surveys of homebuilders and developers by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the strength of the housing sector and its impact on the broader economy.
Key Facts
- U.S. new home sales totaled over 800,000 units in 2021.
- New home sales represent around 10% of total residential construction activity.
- The housing sector accounts for approximately 15-20% of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series tracks the total number of new single-family homes sold in the United States each year.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into the health and long-term trends of the domestic housing market, which is a key component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of homebuilders and developers by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of the housing sector and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is released annually without seasonal adjustments, so there may be some lag in capturing the most recent housing market conditions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NEWHOLENGSP), retrieved from FRED.