Orders: Construction: Permits Issued: Dwellings and Residential Buildings for France
ODCNPI03FRQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.63
Year-over-Year Change
-85.66%
Date Range
4/1/1955 - 1/1/2025
Summary
This economic trend measures the number of construction permits issued for dwellings and residential buildings in France. It serves as an important leading indicator for the French construction industry and broader economic activity.
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 Orders: Construction: Permits Issued: Dwellings and Residential Buildings for France metric tracks the number of approved permits for new residential construction projects. This data provides insight into future construction activity and investment levels in the French housing market.
Methodology
The data is collected by the French government through building permit applications.
Historical Context
Policymakers and analysts use this metric to gauge the health and momentum of the French construction sector and make informed decisions about housing and infrastructure policy.
Key Facts
- Measures approved permits for new residential construction projects in France.
- Serves as a leading indicator for the French construction industry.
- Data collected through building permit applications by the French government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of construction permits issued for dwellings and residential buildings in France.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into future construction activity and investment levels in the French housing market, making it an important leading indicator for the broader French economy.
Q: How is this data collected or calculated?
A: The data is collected by the French government through building permit applications.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the health and momentum of the French construction sector and make informed decisions about housing and infrastructure policy.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of building permit applications and government reporting.
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Citation
U.S. Federal Reserve, Orders: Construction: Permits Issued: Dwellings and Residential Buildings for France (ODCNPI03FRQ657S), retrieved from FRED.