Federal Reserve Economic Data: Your trusted data source since 1991

New Private Housing Units Authorized by Building Permits for Ohio (OHBPPRIVSA)

Observation:

Oct 2023: 1,813.00781 (+ more)   Updated: Nov 27, 2023
Oct 2023:  1,813.00781  
Sep 2023:  2,286.32995  
Aug 2023:  2,335.76674  
Jul 2023:  2,036.20835  
Jun 2023:  2,674.61558  
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Units:

Units,
Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: U.S. Census Bureau  

Release: Housing Units Authorized By Building Permits  

Units:  Units, Seasonally Adjusted

Frequency:  Monthly

Notes:

This series represents the total number of building permits for all structure types. Structure types include 1-unit, 2-unit, 3-unit, 4-unit, and 5-unit or more.

The Federal Reserve Bank of St. Louis seasonally adjusts this series by using the 'statsmodels' library from Python with default parameter settings. The package uses the U.S. Bureau of the Census X-13ARIMA-SEATS Seasonal Adjustment Program. More information on the 'statsmodels' X-13ARIMA-SEATS package can be found here. More information on X-13ARIMA-SEATS can be found here.

Many series include both seasonally adjusted (SA) and not seasonally adjusted (NSA) data. Occasionally, updates to the data will not include sufficient seasonal factors to trigger a seasonal adjustment. In these cases, the NSA series will be updated normally; but the SA series will also be updated with the NSA data. The NSA series can be located here here.

Some seasonally adjusted series may exhibit negative values because they are created from a seasonal adjustment process regardless of the actual meaning or interpretation of the given indicator.

Suggested Citation:

U.S. Census Bureau, New Private Housing Units Authorized by Building Permits for Ohio [OHBPPRIVSA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/OHBPPRIVSA, December 8, 2023.

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