Tag Archives: economic indicators

New Monthly Residential Construction

.. staying ahead of how and where demographics are changing. Among all monthly new authorized residential construction permit issuing cities/places, Raleigh, NC led the U.S. with 1,749 total units followed by Austin, TX with 1,563 total units in February 2021. See more about this leading economic indicator for cities/places using interactive table below. Data on housing patterns and trends are essential for wide-ranging decision-making applications. Using ProximityOne resources to examine housing characteristics and trends ..

We post monthly and more frequent updates on what New Authorized Residential Construction data are telling us. The March 2021 city/county data will be released this week. Access the latest data for your areas of interest. Click the Follow button at right to keep up-to-date.

Monthly New Authorized Residential Construction
ProximityOne maintains a national monthly time-series database providing access to new authorized residential construction data.  The table presented below summaries key subject matter items available at the city and county level.. These data are one of eleven leading economic indicators. The housing market is often one of the first economic sectors to expand or contract when economic conditions improve or decline. With only a one month lag from reference data to availability date, these measures are early indicators of housing market change. This change typically leads to other types of economic change.

Patterns of New Residential Construction: February 2021; Phoenix Area
Using GIS tools to examine new authorized residential construction .. as an example, the following graphic shows that the City of Phoenix had 1,373 new authorized total units in February 2021. Cities/places shown with black outline.

View Most Month in Tabular Form
Use the interactive table to view these data in a tabular form as shown below.

Scope of Subject Matter
The database is updated monthly and contains monthly and annual data. The scope of subject matter is illustrated as shown below — the number of new units authorized and value by type of structure for Fresno County, CA.

Learn more — Join me in the Data Analytics Web Sessions
Join me in a Accessing & Using GeoDemographics Web Session where we discuss topics relating to measuring and interpreting the where, what, when, how and how much demographic-economic change is occurring and it’s impact.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for national scope statistical programs and innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.

The Local Area Monthly Employment Situation

.. in June 2019, the local area unemployment rate ranged from 1.3% (Lyon County, IA) to 19.6% (Yuma County, AZ) among the lower 48 states. 133 counties had an unemployment rate of 7% or more during June 2018 through June 2019. Over the past year, as shown in the this interactive table, the unemployment rate has generally decreased among all counties. We track the local area employment situation historically and develop alternative scenario projections. See the related Web page for more information.

Patterns of Unemployment Rate by County
The following graphic shows patterns of the estimated June 2019 unemployment rate by county. Use the GIS tools and data to develop variations of this view optionally integrated with other data. Click graphic for larger view. Expand browser window for best quality view.

— view created using the ProximityOne CV XE GIS and associated GIS Project

Examine Areas of Interest
This graphic illustrates the monthly over the year employment situation for the Houston, TX metro using the interactive table.

Click graphic for larger view.

Create a similar table for any metro:
Open the interactive table (green and white table midway down).
Click ShowAll button below table.
Key in a 5-character metro code in edit box at right of FindCBSACode.
    … get from scroll list at upper right of table.
    … e.g., 19100 for Dallas, TX metro.
Click FindCBSACode; table refreshes showing only counties in this metro.
Click Current Situation button below table; table refreshes with selected columns.
Click the Pop2018 column header cell twice to rank-order the columns.
Done .. try these steps for an area of interest.

Demographic-Economic Analytics Web Sessions
Join me in a Demographics Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.