Expenditures For Additions and Alterations, Housekeeping Units for United States

1953: 1,108 Millions Of Current Dollars (+ see more) 
Annual, Not Seasonally Adjusted, A02273USA398NNBR, Updated: 2012-08-16 11:37 AM CDT
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Residential Additions And Alterations Consist Of Such Projects As Addition Of Floor Area Of Living Space By Finishing Basements Or Attics, Enclosing Porches, Or Contruction Of A New Wing Or Story; Conversion Of Space To Provide An Addition Dwelling Unit; New Retaining Walls, Walks, Driveways And Patios; General Remodeling Or Modernization By Installing An Additional Bathroom, Enlarging A Kitchen, Etc.; Additional Landscaping; Initial Installation Of A Furnace, Hot-Water Heater, Elecrical Wiring, Plumbing, Air Conditioning, Etc. Included Are Appliances, Such As Refrigerators, Stoves, And Window Air Conditioners; And Normal Maintenance And Repair Work. In This Series Official Bls-Commerce Estimates Were Carried Back From 1921 By Crude Graphic Extrapolaton Using The Movement Of Housekeeping Construction Expenditures But Reducing The Amplitude Of Fluctuation. For Further Information See Source. Source: Leo Grebler, David M. Blank, And Louis Winnick, "Capital Formation In Residential Real Estate: Trends And Prospects, " Princeton University Press For NBER, 1956, Pp. 4052, 336, And 362.

This NBER data series a02273 appears on the NBER website in Chapter 2 at http://www.nber.org/databases/macrohistory/contents/chapter02.html.

NBER Indicator: a02273

Source: National Bureau of Economic Research

Release: NBER Macrohistory Database

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(a) Expenditures For Additions and Alterations, Housekeeping Units for United States, Millions Of Current Dollars, Not Seasonally Adjusted (A02273USA398NNBR)
Residential Additions And Alterations Consist Of Such Projects As Addition Of Floor Area Of Living Space By Finishing Basements Or Attics, Enclosing Porches, Or Contruction Of A New Wing Or Story; Conversion Of Space To Provide An Addition Dwelling Unit; New Retaining Walls, Walks, Driveways And Patios; General Remodeling Or Modernization By Installing An Additional Bathroom, Enlarging A Kitchen, Etc.; Additional Landscaping; Initial Installation Of A Furnace, Hot-Water Heater, Elecrical Wiring, Plumbing, Air Conditioning, Etc. Included Are Appliances, Such As Refrigerators, Stoves, And Window Air Conditioners; And Normal Maintenance And Repair Work. In This Series Official Bls-Commerce Estimates Were Carried Back From 1921 By Crude Graphic Extrapolaton Using The Movement Of Housekeeping Construction Expenditures But Reducing The Amplitude Of Fluctuation. For Further Information See Source. Source: Leo Grebler, David M. Blank, And Louis Winnick, "Capital Formation In Residential Real Estate: Trends And Prospects, " Princeton University Press For NBER, 1956, Pp. 4052, 336, And 362.

This NBER data series a02273 appears on the NBER website in Chapter 2 at http://www.nber.org/databases/macrohistory/contents/chapter02.html.

NBER Indicator: a02273

Expenditures For Additions and Alterations, Housekeeping Units for United States
   

  

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Suggested Citation
National Bureau of Economic Research, Expenditures For Additions and Alterations, Housekeeping Units for United States [A02273USA398NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/A02273USA398NNBR/, November 25, 2014.





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