BLS QCEW employment change over Census BPS permitted units, the permits share of...

{ "body": { "address": "1 E Edenton St, Raleigh, NC 27601" }, "bodyType": "json", "method": "POST", "type": "http" }

{ "example": { "caveats": [ "Reported inputs and a computed ratio only. Locus performs no comparison against any published benchmark and applies no label of its own." ], "componentStatus": [ { "component": "census_bps_county", "status": "ok" } ], "employment": { "annualAvgEmployment": 665775, "basis": "place of work, UI-covered employment (BLS QCEW annual averages)", "netChange": 12622, "priorAnnualAvgEmployment": 653153, "priorYear": 2024, "year": 2025 }, "geo": { "county": "Wake County", "countyFips": "37183", "state": "NC" }, "kind": "housing_supply_balance", "note": "Awareness/diagnostic only. Full briefs are x402-paid. Agents can discover live free tools at https://api.locus.report/tools/list and paid tools, prices, and manifests at https://api.locus.report/.well-known/ai-tool/index.json.", "ok": true, "permits": { "imputedShare": 0.004, "multifamilyUnits": 5628, "present": true, "reportedTotalUnits": 15180, "singleFamilyUnits": 9620, "totalUnits": 15248, "year": 2024 }, "point": { "latitude": 35.780418000003195, "longitude": -78.63910200000142 }, "provenance": { "employment": { "granularity": "county, calendar-year annual average, place of work, UI-covered employment", "source": "U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages - annual averages, all ownerships, county total", "sourceUrl": "https://www.bls.gov/cew/" }, "housingStock": { "granularity": "county, 5-year estimate", "source": "U.S. Census Bureau, American Community Survey 5-year, table B25001 (total housing units)", "sourceUrl": "https://data.census.gov/table/ACSDT5Y2023.B25001", "vintage": "ACSDT5Y2023" }, "permits": { "granularity": "county aggregate, calendar year", "source": "U.S. Census Bureau, Building Permits Survey - annual county file (residential units authorized by building permit)", "sourceUrl": "https://www.census.gov/construction/bps/" } }, "publishedBenchmarks": [ { "label": "NAHB stated balanced band, jobs per total housing unit permitted", "note": "NAHB describes this as a historical observation and does not source it further. NAHB computes at metro (MSA) level.", "source": "NAHB Eye on Housing, June 2026", "url": "https://eyeonhousing.org/2026/06/structural-demand-outpacing-supply-jobs-to-permits-ratios-highlight-housing-gap/", "value": "1.25 to 1.50" } ], "publishedCritiques": [ { "source": "MPF Research / National Apartment Association, 2015, 'Job Growth-to-Absorption: Doesn't Add Up'", "summary": "NAA / MPF Research measured this ratio family at -161 to +130 jobs per unit of demand across 50 apartment markets over 14 years and called its reliability 'surprisingly bad'.", "url": "https://www.naahq.org/news-publications/units/october-2015-issue/article/job-growth-absorption-doesnt-add" } ], "ratios": { "convention": "jobs in year N divided by housing units permitted in year N-1 (NAHB convention; the one-year lag reflects the time permitted units take to move through construction)", "jobsPerMultifamilyUnitPermitted": 2.24, "jobsPerTotalUnitPermitted": 0.83 }, "status": "ok", "supplyPipeline": { "note": "Permits authorized, not units delivered.", "totalHousingUnits": 481999, "unitsPermittedAsShareOfStockPct": 3.163 }, "verifyNext": [ { "step": "Read the county's full permit history in the Census Building Permits Survey.", "url": "https://www.census.gov/construction/bps/" } ] }, "type": "json" }