Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Ireland
Number, Quarterly level, Quarterly, Not Seasonally Adjusted
ODCNPI03IEQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,146.00
Year-over-Year Change
34.13%
Date Range
1/1/1975 - 1/1/2023
Summary
This economic trend measures the quarterly level of the net private domestic investment in the United States. It provides insight into business and consumer confidence, as well as the overall state of the economy.
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 net private domestic investment metric tracks investments made by businesses and individuals in new capital, such as structures, equipment, and intellectual property. It is a key indicator of economic growth and can inform policy decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess the health and trajectory of the U.S. economy.
Key Facts
- Net private domestic investment averaged $3.7 trillion in 2022.
- Investment declined sharply during the COVID-19 pandemic in 2020.
- Business investment is a key driver of long-term economic expansion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly level of net private domestic investment in the United States, which includes investments made by businesses and individuals in new capital such as structures, equipment, and intellectual property.
Q: Why is this trend relevant for users or analysts?
A: Net private domestic investment is a key indicator of business and consumer confidence, as well as the overall state of the economy. It provides insights that inform policy decisions and economic forecasting.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts closely monitor this trend to assess the health and trajectory of the U.S. economy, which can inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a typical delay of 2-3 months. There may be revisions to previous quarterly figures as more complete information becomes available.
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Citation
U.S. Federal Reserve, Number, Quarterly level, Quarterly, Not Seasonally Adjusted (ODCNPI03IEQ156N), retrieved from FRED.