Source: U.S. Census Bureau
Release: Housing Units Authorized By Building Permits
Units:
Frequency:
The Federal Reserve Bank of St. Louis seasonally adjusts this series by using the 'statsmodel' 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 'statsmodel' 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. In some cases, the NSA data will be updated but the SA data will not be updated. The reason is usually that the data series has not accumulated enough new seasonal factors to trigger an adjustment.The NSA series can be located here The FRED team is currently working on a new procedure to replace SA data that has not yet be updated with NSA data that has been updated.
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.
U.S. Census Bureau, New Private Housing Units Authorized by Building Permits for Washington-Arlington-Alexandria, DC-VA-MD-WV (MSA) [WASH911BPPRIVSA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/WASH911BPPRIVSA, December 15, 2019.
