Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Russia
Billions of US Dollars
QRUPAMUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,989.96
Year-over-Year Change
12.18%
Date Range
4/1/1995 - 10/1/2024
Summary
The 'Billions of US Dollars' economic trend measures the total value of US residential property in billions of US dollars. This key indicator is closely watched by economists and policymakers to gauge the health of the US housing market.
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 'Billions of US Dollars' trend represents the aggregate market value of all owner-occupied residential real estate in the United States. It is a broad measure of the overall size and valuation of the US housing stock, a critical component of household wealth and a key driver of economic activity.
Methodology
The data is calculated by the Federal Reserve using proprietary models and publicly available information on home prices and the total number of residential properties.
Historical Context
This metric is widely referenced by analysts, investors, and policymakers to assess trends in the US housing market and its impact on the broader economy.
Key Facts
- US residential property value reached a record high of $47.7 trillion in Q2 2022.
- Home values have risen over 40% since the start of the COVID-19 pandemic.
- The housing sector accounts for over 15% of US GDP.
FAQs
Q: What does this economic trend measure?
A: The 'Billions of US Dollars' trend measures the total market value of all owner-occupied residential real estate in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a broad gauge of the health and valuation of the US housing market, which is a key driver of household wealth and economic activity.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this metric using proprietary models and publicly available data on home prices and the total number of residential properties.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this indicator to assess the state of the housing market and its implications for the broader economy, informing decisions on monetary policy, housing policy, and economic stimulus.
Q: Are there update delays or limitations?
A: The 'Billions of US Dollars' data is released quarterly by the Federal Reserve, with a typical lag of 2-3 months.
Related Trends
Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Russia
BSEMFT02RUM460S
Use of Financial Services, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Russian Federation
RUSFCSMMFXDC
Private Credit by Deposit Money Banks to GDP for Russian Federation
DDDI01RUA156NWDB
Lerner Index in Banking Market for Russian Federation
DDOI04RUA066NWDB
Business Tendency Surveys (Manufacturing): Confidence Indicators: Composite Indicators: National Indicator for Russia
BSCICP02RUM460S
Bank Z-Score for Russian Federation
DDSI01RUA645NWDB
Citation
U.S. Federal Reserve, Billions of US Dollars (QRUPAMUSDA), retrieved from FRED.