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Random article: Housing Starts Index
Real estate market of the USA plays a great role for its economy and in the results impacts on currency rate. There are two key reports for housing building among residents of the country, one of which represents the number of new constructions of houses - Housing Starts. This is a fundamental indicator that provides the amount of houses in process of construction. This index consists of three parts: single-family houses, townhouses or small condos and apartment buildings with five or more units. Every apartment is considered as a single unit. For example, multistorey house with 50 apartments is accounted as 50 new house units. It is also noteworthy that single-family houses amount to about 85% from total amount of new houses.
Wholesale Price Index (WPI) represents economic indicator applied in Germany. It allows tracing dynamics in change of wholesale goods. The index includes both German and imported goods and does not account for the goods made directly in the stores or by consumers. Original index value represents the wholesale total turnover for the year set as the basic year. Certainly, retail production is not accounted. Price statistics also impacts on the Wholesale Price Index.
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