Nominal Imports of Goods and Services for Canada
Quarterly, Not Seasonally Adjusted
NMNSAXDCCAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
262,622.00
Year-over-Year Change
22.20%
Date Range
1/1/1961 - 1/1/2025
Summary
The Quarterly, Not Seasonally Adjusted series measures the value of new single-family houses sold in the United States. This key economic indicator provides insights into the health of the residential housing market.
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 series represents the sales of newly constructed single-family homes, which are an important component of overall economic activity and consumer spending. Analysts and policymakers closely monitor this data to gauge trends in the housing sector and consumer confidence.
Methodology
The data is collected through a survey of home builders and developers by the U.S. Census Bureau.
Historical Context
The housing market is a significant driver of economic growth, and this series helps inform decisions made by the Federal Reserve and other policymakers.
Key Facts
- New home sales reached a peak of 1.39 million units in 2005.
- The series experienced a sharp decline during the 2008-2009 financial crisis.
- As of the most recent data, new home sales stand at approximately 800,000 units per quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted series measures the sales of newly constructed single-family homes in the United States.
Q: Why is this trend relevant for users or analysts?
A: This series provides important insights into the health of the residential housing market, which is a key driver of economic growth and consumer spending.
Q: How is this data collected or calculated?
A: The data is collected through a survey of home builders and developers by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The housing market is closely monitored by the Federal Reserve and other policymakers, and this series helps inform their decision-making.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a delay of approximately one month after the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (NMNSAXDCCAQ), retrieved from FRED.