Nonfinancial Noncorporate Business; Total Time and Savings Deposits; Asset, Transactions
Quarterly
NNBTTSQ027S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37,456.00
Year-over-Year Change
-18.72%
Date Range
10/1/1946 - 1/1/2025
Summary
The Quarterly Trend measures the total value of new privately-owned housing units started each quarter. It is a key indicator of housing construction activity and economic growth.
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 Quarterly Trend, also known as Housing Starts, tracks the initiation of new residential construction projects. It is an important barometer of the housing market and broader economic conditions.
Methodology
The data is collected through surveys of homebuilders and construction firms by the U.S. Census Bureau.
Historical Context
Policymakers and analysts closely monitor the Quarterly Trend to assess the strength of the housing sector and make informed decisions.
Key Facts
- Housing starts peaked at 2.27 million units in January 2006.
- The Quarterly Trend reached a low of 478,000 units in April 2009 during the Great Recession.
- New residential construction accounts for over 3% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Trend measures the total number of new privately-owned housing units that began construction each quarter.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly Trend is a leading indicator of economic activity, as new housing construction drives investment, employment, and consumer spending.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of homebuilders and construction firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the Quarterly Trend to assess the strength of the housing market and broader economic conditions, informing decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Quarterly Trend data is released with a 1-month lag by the U.S. Census Bureau and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly (NNBTTSQ027S), retrieved from FRED.