Residential Construction
Returns residential construction data from FRED. This measures the value of construction put in place for residential buildings.
Data Source
Data is sourced from the Census Bureau via FRED.
Notes
- Monthly construction spending data
- Leading indicator for housing sector
- Interest rate sensitive
Examples
Residential construction value
When to Use
- Housing construction analysis
- Real estate sector research
- Construction industry trends
- Economic cycle analysis
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Investment accounting | RealPrivateInvestmentResidential() |
| Housing prices | Housing price functions |
| Commercial construction | FRED direct access |
Common Issues & FAQ
Q: How is this different from residential investment? A: This is construction spending; investment is a broader GDP component.
Q: Is this seasonally adjusted? A: Check FRED documentation for seasonal adjustment status.
Get Access to 1 Billion Usable Market data points IN YOUR EXCEL SHEETS WITH EASY TO USE EXCEL FUNCTIONS
Get started today
▶
How does MarketXLS work?