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Expenditures for Additions and Alterations, Housekeeping Units for United States (A02273USA398NNBR)

Observation:

1953: 1,108  
Updated: Aug 16, 2012

Units:

Millions of Current Dollars,
Not Seasonally Adjusted

Frequency:

Annual
1Y | 5Y | 10Y | Max
  EDIT LINE 1
(a) Expenditures for Additions and Alterations, Housekeeping Units for United States, Millions of Current Dollars, Not Seasonally Adjusted (A02273USA398NNBR)
Residential Additions And Alterations Consist Of Such Projects As Addition Of Floor Area Of Living Space By Finishing Basements Or Attics, Enclosing Porches, Or Contruction Of A New Wing Or Story; Conversion Of Space To Provide An Addition Dwelling Unit; New Retaining Walls, Walks, Driveways And Patios; General Remodeling Or Modernization By Installing An Additional Bathroom, Enlarging A Kitchen, Etc.; Additional Landscaping; Initial Installation Of A Furnace, Hot-Water Heater, Elecrical Wiring, Plumbing, Air Conditioning, Etc. Included Are Appliances, Such As Refrigerators, Stoves, And Window Air Conditioners; And Normal Maintenance And Repair Work. In This Series Official Bls-Commerce Estimates Were Carried Back From 1921 By Crude Graphic Extrapolaton Using The Movement Of Housekeeping Construction Expenditures But Reducing The Amplitude Of Fluctuation. For Further Information See Source. Source: Leo Grebler, David M. Blank, And Louis Winnick, "Capital Formation In Residential Real Estate: Trends And Prospects, " Princeton University Press For NBER, 1956, Pp. 4052, 336, And 362.

This NBER data series a02273 appears on the NBER website in Chapter 2 at http://www.nber.org/databases/macrohistory/contents/chapter02.html.

NBER Indicator: a02273

Expenditures for Additions and Alterations, Housekeeping Units for United States

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NOTES

Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Notes:

Residential Additions And Alterations Consist Of Such Projects As Addition Of Floor Area Of Living Space By Finishing Basements Or Attics, Enclosing Porches, Or Contruction Of A New Wing Or Story; Conversion Of Space To Provide An Addition Dwelling Unit; New Retaining Walls, Walks, Driveways And Patios; General Remodeling Or Modernization By Installing An Additional Bathroom, Enlarging A Kitchen, Etc.; Additional Landscaping; Initial Installation Of A Furnace, Hot-Water Heater, Elecrical Wiring, Plumbing, Air Conditioning, Etc. Included Are Appliances, Such As Refrigerators, Stoves, And Window Air Conditioners; And Normal Maintenance And Repair Work. In This Series Official Bls-Commerce Estimates Were Carried Back From 1921 By Crude Graphic Extrapolaton Using The Movement Of Housekeeping Construction Expenditures But Reducing The Amplitude Of Fluctuation. For Further Information See Source. Source: Leo Grebler, David M. Blank, And Louis Winnick, "Capital Formation In Residential Real Estate: Trends And Prospects, " Princeton University Press For NBER, 1956, Pp. 4052, 336, And 362.

This NBER data series a02273 appears on the NBER website in Chapter 2 at http://www.nber.org/databases/macrohistory/contents/chapter02.html.

NBER Indicator: a02273

Suggested Citation:

National Bureau of Economic Research, Expenditures for Additions and Alterations, Housekeeping Units for United States [A02273USA398NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/A02273USA398NNBR, December 11, 2016.

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