Real Gross Fixed Capital Formation, Dwellings for Japan
NFIDRNSAXDCJPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,885,500.00
Year-over-Year Change
-0.01%
Date Range
1/1/1994 - 7/1/2023
Summary
The 'Real Gross Fixed Capital Formation, Dwellings for Japan' series measures investment in new residential construction in Japan, a key indicator of economic activity and housing market conditions.
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 indicator tracks inflation-adjusted investment in new housing units by households and real estate developers in Japan. It is a component of the broader Gross Fixed Capital Formation metric and provides insight into the health of the Japanese construction and housing sectors.
Methodology
The data is collected by Japan's Cabinet Office through surveys of construction firms and real estate developers.
Historical Context
Policymakers and analysts monitor this metric to assess trends in domestic investment and the broader direction of the Japanese economy.
Key Facts
- Investment in new dwellings accounts for over 5% of Japan's GDP.
- Residential construction has seen steady growth since the early 2010s.
- Housing investment is a key leading indicator of overall economic activity.
FAQs
Q: What does this economic trend measure?
A: This series tracks inflation-adjusted investment in new residential construction in Japan, including both household and developer spending on new housing units.
Q: Why is this trend relevant for users or analysts?
A: Investment in new housing is a crucial component of economic growth, as it signals confidence in the future and creates jobs across construction, real estate, and related industries.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and real estate developers by Japan's Cabinet Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to assess broader trends in domestic investment and the overall health of the Japanese economy.
Q: Are there update delays or limitations?
A: This data is published quarterly with a lag of several months, so it may not reflect the most recent economic conditions.
Related Trends
Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 24 Years for Japan
LRUN24FEJPM156S
Real Residential Property Prices for Japan
QJPR368BIS
International Trade: Imports: Value (Goods): Total for Japan
XTIMVA01JPQ188S
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Japan
LFEMTTTTJPM647S
Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Japan
JPNCP020000IXNBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Japan
JPNCP040100IXOBM
Citation
U.S. Federal Reserve, Real Gross Fixed Capital Formation, Dwellings for Japan (NFIDRNSAXDCJPQ), retrieved from FRED.