New Residential Construction

{
  "id": "MLC-T-ECS-001267",
  "term": "New Residential Construction",
  "field": "Economic statistics",
  "definition": "Monthly survey which provides national and regional data on the number of new housing units authorized by building permits; authorized, but not started; started; under construction; and completed. The data are for new, privately-owned housing units, excluding \"HUD-code\" manufactured (mobile) homes.\n\nNew Residential Construction is one of the Principal Economic Indicators defined by the Office of Management and Budget (OMB). The U.S. Census Bureau releases 13 Principal Economic Indicators on a monthly or quarterly basis.",
  "see_also": [
    "Building Permits Survey",
    "Business and Industry",
    "Characteristics of New Housing",
    "Construction",
    "Construction Price Indexes",
    "Construction Spending",
    "Economic Census",
    "Economic Indicators",
    "Economy-Wide Statistics",
    "Industry Statistics Portal",
    "Manufactured Homes Survey",
    "New Residential Sales",
    "North American Industry Classification System"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/new-residential-construction/"
}