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New Private Housing Units Authorized by Building Permits for Odessa, TX (MSA) (ODES248BPPRIVSA)

Observations

Feb 2025: 93.62184
Updated: Mar 25, 2025 8:44 AM CDT
Feb 2025:  93.62184  
Jan 2025:  104.32659  
Dec 2024:  45.82243  
Nov 2024:  44.70444  
Oct 2024:  110.19927  

Units:

Units,
Seasonally Adjusted

Frequency:

Monthly

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Notes

Title Release Dates
New Private Housing Units Authorized by Building Permits for Odessa, TX (MSA) 2019-06-25 2025-03-25
 
Source    
U.S. Census Bureau 2019-06-25 2025-03-25
 
Release    
Housing Units Authorized By Building Permits 2019-06-25 2025-03-25
 
Units    
Units 2019-06-25 2025-03-25
 
Frequency    
Monthly 2019-06-25 2025-03-25
 
Seasonal Adjustment    
Seasonally Adjusted 2019-06-25 2025-03-25
 
Notes    
The data services of the Federal Reserve Bank of St. Louis include series that are seasonally adjusted. To make these adjustments, we use the X-12 Procedure of SAS to remove the seasonal component of the series so that non-seasonal trends can be analyzed. This procedure is based on the U.S. Bureau of the Census X-12-ARIMA Seasonal Adjustment Program. More information on this program can be found at http://www.census.gov/srd/www/x12a/.
The seasonal moving average function used is that of the Census Bureau's X-11-ARIMA program. This includes a 3x3 moving average for the initial seasonal factors and a 3x5 moving average to calculate the final seasonal factors. The D11 function is also used to output the entire seasonally adjusted series that is displayed. For specific information on the SAS X-12 procedure, please visit their website: http://support.sas.com/documentation/cdl/en/etsug/60372/HTML/default/viewer.htm#etsug_x12_sect001.htm.

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.

2019-06-25 2020-02-25
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 (https://www.statsmodels.org/dev/generated/statsmodels.tsa.x13.x13_arima_analysis.html). More information on X-13ARIMA-SEATS can be found here (https://www.census.gov/data/software/x13as.html).

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 (https://fred.stlouisfed.org/series/ODES248BPPRIV).

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.

2020-02-26 2025-03-25

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Monthly, Not Seasonally Adjusted

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Odessa, TX MSAs Texas States U.S. Regional Data

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Tags

Odessa Permits Buildings New Texas Private Housing Metropolitan Statistical Area Seasonally Adjusted Census Monthly Public Domain: Citation Requested United States of America