Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Turkey
Number, Monthly level, Quarterly, Not Seasonally Adjusted
ODCNPI03TRQ470N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,939.67
Year-over-Year Change
-18.24%
Date Range
1/1/1982 - 1/1/2018
Summary
This trend measures the monthly level of new orders for consumer non-durable goods on a quarterly, not seasonally adjusted basis. It provides insight into consumer demand and manufacturing 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 new orders for consumer non-durable goods trend tracks the value of new orders received by manufacturers of consumer products that are not intended to last an extended period of time, such as food and clothing. This metric offers a real-time indicator of economic conditions and consumer spending patterns.
Methodology
The data is collected through monthly surveys of manufacturing firms by the U.S. Census Bureau.
Historical Context
Economists and policymakers closely monitor this trend to assess the overall health of the consumer sector and guide fiscal and monetary policy decisions.
Key Facts
- New orders for consumer non-durable goods account for over 60% of total new manufacturing orders.
- This trend has seen significant volatility during periods of economic uncertainty.
- The data is released monthly as part of the U.S. Census Bureau's Manufacturing and Trade Inventories and Sales report.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly level of new orders received by manufacturers for consumer non-durable goods on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a real-time indicator of consumer demand and manufacturing activity, which are crucial for assessing the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to guide fiscal and monetary policy decisions that impact the consumer sector.
Q: Are there update delays or limitations?
A: The data is released monthly as part of the U.S. Census Bureau's Manufacturing and Trade Inventories and Sales report, with a typical delay of about 6 weeks.
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Citation
U.S. Federal Reserve, Number, Monthly level, Quarterly, Not Seasonally Adjusted (ODCNPI03TRQ470N), retrieved from FRED.