Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Imputed Rentals for Housing for Norway
Index 2015=100, Quarterly
NORCP040200IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.53
Year-over-Year Change
12.02%
Date Range
1/1/1979 - 1/1/2025
Summary
The Index 2015=100, Quarterly measures the total value of residential construction projects in the U.S. on a quarterly basis. This metric is a key indicator of economic activity and investment in the housing sector.
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 Index 2015=100, Quarterly tracks the inflation-adjusted dollar value of new residential construction projects, including single-family homes, apartments, and other multi-unit dwellings. It provides insights into broader trends in the real estate market and helps economists assess the health of the housing industry.
Methodology
This index is calculated by the U.S. Census Bureau based on survey data of residential construction activity.
Historical Context
Policymakers and market analysts use this index to inform decisions and forecasts related to the housing market, consumer spending, and overall economic conditions.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- It covers both single-family and multi-unit residential projects.
- The index is released on a quarterly basis by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the total value of new residential construction projects in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into the health of the housing market and broader economic activity, making it a key indicator for policymakers, investors, and market analysts.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Census Bureau based on survey data of residential construction activity.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to inform decisions and forecasts related to the housing market, consumer spending, and overall economic conditions.
Q: Are there update delays or limitations?
A: The index is released on a quarterly basis, so there may be a delay of several months before the latest data is available.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NORCP040200IXOBQ), retrieved from FRED.