New Houses Sold by Sales Price Under $300,000 in the Northeast Census Region
Percent, Quarterly
NHSNESPU30QP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2020 - 4/1/2025
Summary
The Percent, Quarterly metric measures the quarterly percent change in the nominal national saving rate, a key indicator of national economic performance and policy decision-making.
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 nominal national saving rate represents the portion of national income that is saved rather than consumed. This metric is closely watched by economists and policymakers to assess the economy's savings and investment trends.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on national income and product accounts.
Historical Context
The national saving rate is an important factor in evaluating the economic outlook and informing fiscal and monetary policy decisions.
Key Facts
- The U.S. national saving rate averaged 17.3% in 2021.
- Household saving was a key driver of the rise in the national saving rate during the COVID-19 pandemic.
- Maintaining an adequate national saving rate is crucial for funding domestic investment and supporting long-term economic growth.
FAQs
Q: What does this economic trend measure?
A: The Percent, Quarterly metric measures the quarterly percent change in the nominal national saving rate, which represents the portion of national income that is saved rather than consumed.
Q: Why is this trend relevant for users or analysts?
A: The national saving rate is a key indicator of economic performance and an important factor in evaluating the economic outlook and informing fiscal and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on national income and product accounts.
Q: How is this trend used in economic policy?
A: The national saving rate is closely watched by economists and policymakers to assess the economy's savings and investment trends, which inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The national saving rate data is published quarterly by the Bureau of Economic Analysis, with some delay compared to the reference period.
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New Privately-Owned Housing Units Completed: Single-Family Units in the Northeast Census Region
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Citation
U.S. Federal Reserve, Percent, Quarterly (NHSNESPU30QP), retrieved from FRED.