Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Millions of Current Dollars, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

The Series Is Presented Here As 2 Variables: (1) Original Data, 1868-1900; (2) Original Data, 1899-1944. The Data Represent Estimated Cost Of Buildings As Indicated On Building Plans Filed. No Adjustment Is Made For Plans Later Withdrawn Or Disapproved. Only New Buildings Are Included In This Series; Data On Additions And Alterations Are Available From The Same Sources. Types Of Building Included Are Residential, Commercial, Industrial, Municipal, Educational, Religious, And Institutional. The Building Plans Data Differ From Building Permit Data In That They Include Value Of Building Plans For Which Permits Are Never Issued, And Therefore Cover Some Proposed Constructon That Does Not Materialize. Data For The First Segments Of The Series (1868-1900) Include Manhattan And Such Portions Of The Bronx As Were From Time To Time Annexed. The 1899-1944 Segments Cover Manhattan Only. For Further Details See Lipsey And Preston, P. 248. Source: New York City Record (Official Daily Journal Of New York City Record Office);"Real Estate Record And Builders' Guide" (F. W. Dodge Corp.); And"Annual Reports, " Building Department, Borough Of Manhattan, And Depart- Ment Of Housing And Buildings New York City.

This NBER data series m02045b appears on the NBER website in Chapter 2 at http://www.nber.org/databases/macrohistory/contents/chapter02.html.

NBER Indicator: m02045b