New Privately-Owned Housing Units Started: Total Units/Population

NOTES

New Privately-Owned Housing Units Started: Total Units (HOUST)

Source: U.S. Department of Housing and Urban Development

Release: New Residential Construction

Units: Thousands of Units, Seasonally Adjusted Annual Rate

Frequency: Monthly

As provided by the Census, start occurs when excavation begins for the footings or foundation of a building. All housing units in a multifamily building are defined as being started when this excavation begins. Beginning with data for September 1992, estimates of housing starts include units in structures being totally rebuilt on an existing foundation.

Suggested Citation:

U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Privately-Owned Housing Units Started: Total Units [HOUST], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/HOUST, May 14, 2024.

Population (POPTHM)

Source: U.S. Bureau of Economic Analysis

Release: Personal Income and Outlays

Units: Thousands, Not Seasonally Adjusted

Frequency: Monthly

Population includes resident population plus armed forces overseas. The monthly estimate is the average of estimates for the first of the month and the first of the following month.
BEA Account Code: B230RC
A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

Suggested Citation:

U.S. Bureau of Economic Analysis, Population [POPTHM], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/POPTHM, May 14, 2024.