Producer Prices Index: Economic Activities: Industrial Activities: Total for Russia
Quarterly
RUSPIEATI01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.75
Year-over-Year Change
-631.31%
Date Range
1/1/2015 - 10/1/2021
Summary
The Quarterly Residential Single-Family Spend Index measures inflation-adjusted spending on new single-family home construction in the United States. It is a key indicator of the health of the residential 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 Quarterly Residential Single-Family Spend Index tracks changes in the value of construction put in place for new single-family homes. It provides insights into the level of investment and activity in the single-family housing sector, which is an important driver of broader economic growth.
Methodology
The data is collected through surveys of construction firms and homebuilders by the U.S. Census Bureau.
Historical Context
This index is closely monitored by policymakers, real estate analysts, and economists to gauge the strength of the housing market and its implications for the broader economy.
Key Facts
- The index is published quarterly by the U.S. Census Bureau.
- It tracks over $600 billion in annual single-family home construction spending.
- The index reached a record high in Q4 2020 amid strong housing demand.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Residential Single-Family Spend Index measures inflation-adjusted spending on new single-family home construction in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into the health and activity of the single-family housing market, which is a key driver of broader economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and homebuilders by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This index is closely monitored by policymakers, real estate analysts, and economists to gauge the strength of the housing market and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The index is published quarterly, with a lag of approximately 2 months after the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly Residential Single-Family Spend Index (RUSPIEATI01GPQ), retrieved from FRED.