Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for Turkiye
TURPERMITMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.80
Year-over-Year Change
5.40%
Date Range
1/1/1982 - 12/1/2018
Summary
This trend measures the number of permits issued for the construction of buildings in Turkiye, providing insights into the country's economic activity and construction sector.
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 'Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for Turkiye' trend represents the total number of permits issued for the construction of buildings in Turkiye. It is a key indicator of the health and growth of the country's construction industry and broader economic activity.
Methodology
The data is collected and reported by the relevant government statistical agency in Turkiye.
Historical Context
This trend is closely watched by economists, policymakers, and investors to assess the state of Turkiye's construction sector and broader economic conditions.
Key Facts
- The trend reached its highest level in 2018.
- Building permits are a leading indicator of future construction activity.
- Turkiye's construction sector accounts for a significant portion of its GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of permits issued for the construction of buildings in Turkiye, providing insights into the country's economic activity and construction sector.
Q: Why is this trend relevant for users or analysts?
A: The building permits trend is a key indicator of the health and growth of Turkiye's construction industry and broader economic conditions, making it relevant for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected and reported by the relevant government statistical agency in Turkiye.
Q: How is this trend used in economic policy?
A: This trend is closely watched by economists and policymakers to assess the state of Turkiye's construction sector and broader economic activity, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is provided by the Turkiye government and may be subject to occasional delays or limitations in reporting.
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Citation
U.S. Federal Reserve, 'Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for Turkiye' (TURPERMITMISMEI), retrieved from FRED.