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Subscribe for $2 Japan Housing Starts Year-over-Year (YoY)
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The current value of the Housing Starts Year-over-Year (YoY) in Japan is 13.9 %. The Housing Starts Year-over-Year (YoY) in Japan increased to 13.9 % on 4/1/2024, after it was 3.5 % on 5/1/2023. From 1/1/1961 to 9/1/2024, the average GDP in Japan was 2.02 %. The all-time high was reached on 3/1/1972 with 67.6 %, while the lowest value was recorded on 9/1/2007 with -44 %.
Housing Starts Year-over-Year (YoY) ·
3 years
5 years
10 years
25 Years
Max
Construction Starts YoY | |
---|---|
1/1/1961 | 52.8 % |
2/1/1961 | 47.2 % |
3/1/1961 | 16.3 % |
4/1/1961 | 35.1 % |
5/1/1961 | 32 % |
6/1/1961 | 30.7 % |
7/1/1961 | 18.5 % |
8/1/1961 | 23.7 % |
9/1/1961 | 21.5 % |
10/1/1961 | 30.7 % |
11/1/1961 | 14.6 % |
12/1/1961 | 13.9 % |
1/1/1962 | 23.7 % |
3/1/1962 | 5.2 % |
5/1/1962 | 8.1 % |
6/1/1962 | 9.8 % |
7/1/1962 | 18.1 % |
8/1/1962 | 7.7 % |
9/1/1962 | 16 % |
10/1/1962 | 10.7 % |
11/1/1962 | 10.3 % |
12/1/1962 | 12.2 % |
1/1/1963 | 11.2 % |
2/1/1963 | 17.2 % |
3/1/1963 | 15 % |
4/1/1963 | 22 % |
5/1/1963 | 11.2 % |
6/1/1963 | 16.6 % |
7/1/1963 | 22 % |
8/1/1963 | 18.7 % |
9/1/1963 | 18.3 % |
10/1/1963 | 22.8 % |
11/1/1963 | 14.7 % |
12/1/1963 | 16.6 % |
1/1/1964 | 20.1 % |
2/1/1964 | 33.9 % |
3/1/1964 | 16.3 % |
4/1/1964 | 2.1 % |
5/1/1964 | 14 % |
6/1/1964 | 11.6 % |
8/1/1964 | 1.8 % |
9/1/1964 | 4.8 % |
10/1/1964 | 6 % |
11/1/1964 | 8.9 % |
12/1/1964 | 8.6 % |
1/1/1965 | 9.1 % |
2/1/1965 | 6.3 % |
3/1/1965 | 8.7 % |
4/1/1965 | 18.9 % |
5/1/1965 | 3.4 % |
6/1/1965 | 11.4 % |
7/1/1965 | 11.9 % |
8/1/1965 | 7.8 % |
9/1/1965 | 10.8 % |
10/1/1965 | 15.2 % |
11/1/1965 | 24.5 % |
12/1/1965 | 15.2 % |
2/1/1966 | 0.5 % |
3/1/1966 | 4.5 % |
5/1/1966 | 5.2 % |
6/1/1966 | 8.9 % |
7/1/1966 | 13.7 % |
8/1/1966 | 7 % |
9/1/1966 | 1.1 % |
1/1/1967 | 20.1 % |
2/1/1967 | 3.5 % |
3/1/1967 | 18.4 % |
4/1/1967 | 28.5 % |
5/1/1967 | 13.2 % |
6/1/1967 | 0.7 % |
7/1/1967 | 1.5 % |
8/1/1967 | 26.5 % |
9/1/1967 | 19.2 % |
10/1/1967 | 14.2 % |
11/1/1967 | 16.1 % |
12/1/1967 | 31.5 % |
1/1/1968 | 26 % |
2/1/1968 | 31.9 % |
3/1/1968 | 17.5 % |
4/1/1968 | 16.8 % |
5/1/1968 | 30.1 % |
6/1/1968 | 25.9 % |
7/1/1968 | 13.2 % |
8/1/1968 | 8.5 % |
9/1/1968 | 29 % |
10/1/1968 | 21.9 % |
11/1/1968 | 19.8 % |
12/1/1968 | 20.3 % |
1/1/1969 | 4.8 % |
2/1/1969 | 4.9 % |
3/1/1969 | 4.2 % |
4/1/1969 | 6.8 % |
5/1/1969 | 7.1 % |
6/1/1969 | 28 % |
7/1/1969 | 32.3 % |
8/1/1969 | 24.7 % |
9/1/1969 | 13.7 % |
10/1/1969 | 4.5 % |
11/1/1969 | 2.8 % |
12/1/1969 | 9.8 % |
1/1/1970 | 16.5 % |
2/1/1970 | 21 % |
3/1/1970 | 30.4 % |
4/1/1970 | 16.2 % |
5/1/1970 | 10.2 % |
6/1/1970 | 7.5 % |
7/1/1970 | 8.3 % |
8/1/1970 | 6.7 % |
10/1/1970 | 6.2 % |
11/1/1970 | 6.4 % |
12/1/1970 | 8.1 % |
1/1/1971 | 27.9 % |
9/1/1971 | 4.3 % |
10/1/1971 | 10.1 % |
11/1/1971 | 0.3 % |
2/1/1972 | 17.4 % |
3/1/1972 | 67.6 % |
4/1/1972 | 21.5 % |
5/1/1972 | 24.4 % |
6/1/1972 | 28.5 % |
7/1/1972 | 15.5 % |
8/1/1972 | 16.9 % |
9/1/1972 | 23.9 % |
10/1/1972 | 23.5 % |
11/1/1972 | 32.9 % |
12/1/1972 | 33.6 % |
1/1/1973 | 39.1 % |
2/1/1973 | 32.8 % |
4/1/1973 | 21.9 % |
5/1/1973 | 9.2 % |
6/1/1973 | 0.6 % |
7/1/1973 | 3.6 % |
8/1/1973 | 3.6 % |
9/1/1973 | 8.2 % |
3/1/1975 | 2.4 % |
4/1/1975 | 15.9 % |
5/1/1975 | 5.4 % |
6/1/1975 | 7.9 % |
7/1/1975 | 2 % |
10/1/1975 | 12.7 % |
11/1/1975 | 14.6 % |
12/1/1975 | 49.9 % |
1/1/1976 | 51.7 % |
2/1/1976 | 30.1 % |
3/1/1976 | 9.3 % |
4/1/1976 | 14.2 % |
5/1/1976 | 15.9 % |
6/1/1976 | 19.5 % |
7/1/1976 | 11.7 % |
8/1/1976 | 7.6 % |
9/1/1976 | 7 % |
10/1/1976 | 3 % |
11/1/1976 | 7.5 % |
1/1/1977 | 8.9 % |
4/1/1977 | 9.6 % |
8/1/1977 | 5.1 % |
11/1/1977 | 8.9 % |
2/1/1978 | 11.2 % |
3/1/1978 | 15.9 % |
6/1/1978 | 31 % |
7/1/1978 | 8.7 % |
10/1/1978 | 2 % |
11/1/1978 | 9.3 % |
12/1/1978 | 0.3 % |
4/1/1979 | 11.8 % |
5/1/1979 | 1.7 % |
7/1/1979 | 4.4 % |
8/1/1979 | 15.2 % |
9/1/1979 | 11.8 % |
1/1/1980 | 4.6 % |
5/1/1981 | 12.4 % |
3/1/1982 | 0.8 % |
7/1/1982 | 7.8 % |
8/1/1982 | 4.9 % |
9/1/1982 | 6.9 % |
10/1/1982 | 14.8 % |
11/1/1982 | 13.6 % |
12/1/1982 | 2.1 % |
1/1/1983 | 20.7 % |
2/1/1983 | 5.2 % |
12/1/1983 | 6.9 % |
2/1/1984 | 2.8 % |
3/1/1984 | 5.6 % |
4/1/1984 | 10.9 % |
5/1/1984 | 16.8 % |
7/1/1984 | 6.3 % |
8/1/1984 | 4.3 % |
9/1/1984 | 3.8 % |
10/1/1984 | 5.8 % |
11/1/1984 | 3.2 % |
12/1/1984 | 5 % |
1/1/1985 | 9.9 % |
2/1/1985 | 6 % |
3/1/1985 | 8.1 % |
4/1/1985 | 3.2 % |
5/1/1985 | 3.3 % |
6/1/1985 | 6 % |
9/1/1985 | 3.2 % |
10/1/1985 | 5.4 % |
11/1/1985 | 6.5 % |
12/1/1985 | 5.3 % |
1/1/1986 | 9.5 % |
2/1/1986 | 5.9 % |
3/1/1986 | 2.1 % |
5/1/1986 | 5 % |
6/1/1986 | 4.7 % |
7/1/1986 | 13.5 % |
8/1/1986 | 19.4 % |
9/1/1986 | 20.9 % |
10/1/1986 | 14.9 % |
11/1/1986 | 17.8 % |
12/1/1986 | 12.9 % |
1/1/1987 | 10.3 % |
2/1/1987 | 13.4 % |
3/1/1987 | 12.8 % |
4/1/1987 | 19.3 % |
5/1/1987 | 24.7 % |
6/1/1987 | 28.1 % |
7/1/1987 | 27.2 % |
8/1/1987 | 30.9 % |
9/1/1987 | 26.8 % |
10/1/1987 | 26.6 % |
11/1/1987 | 25.2 % |
12/1/1987 | 20.8 % |
1/1/1988 | 19 % |
2/1/1988 | 17.1 % |
3/1/1988 | 14.8 % |
4/1/1988 | 2 % |
5/1/1988 | 4.2 % |
6/1/1988 | 1.9 % |
8/1/1988 | 2.2 % |
4/1/1989 | 4.4 % |
10/1/1989 | 2.8 % |
11/1/1989 | 3.2 % |
12/1/1989 | 0.6 % |
1/1/1990 | 6.3 % |
2/1/1990 | 5.6 % |
4/1/1990 | 0.5 % |
5/1/1990 | 8.4 % |
6/1/1990 | 7.8 % |
7/1/1990 | 6.3 % |
9/1/1990 | 5.2 % |
10/1/1990 | 0.7 % |
4/1/1992 | 0.4 % |
6/1/1992 | 1 % |
7/1/1992 | 4.9 % |
8/1/1992 | 12 % |
9/1/1992 | 10.4 % |
10/1/1992 | 10.3 % |
11/1/1992 | 8.2 % |
12/1/1992 | 5.4 % |
1/1/1993 | 0.9 % |
2/1/1993 | 6.3 % |
3/1/1993 | 9.2 % |
4/1/1993 | 1.1 % |
5/1/1993 | 0.4 % |
6/1/1993 | 4.1 % |
7/1/1993 | 4.6 % |
8/1/1993 | 10.9 % |
9/1/1993 | 10.6 % |
10/1/1993 | 7.8 % |
11/1/1993 | 8.7 % |
12/1/1993 | 4.9 % |
1/1/1994 | 20.7 % |
2/1/1994 | 6.3 % |
4/1/1994 | 11.6 % |
5/1/1994 | 13.5 % |
6/1/1994 | 10.6 % |
7/1/1994 | 5.8 % |
8/1/1994 | 1.8 % |
10/1/1994 | 0.2 % |
11/1/1994 | 4.5 % |
12/1/1994 | 2.9 % |
2/1/1995 | 1.8 % |
11/1/1995 | 0.1 % |
12/1/1995 | 4.8 % |
1/1/1996 | 7.2 % |
3/1/1996 | 8.2 % |
4/1/1996 | 12.3 % |
5/1/1996 | 18.1 % |
6/1/1996 | 9.6 % |
7/1/1996 | 21.7 % |
8/1/1996 | 14.3 % |
9/1/1996 | 17.4 % |
10/1/1996 | 21.4 % |
11/1/1996 | 9.9 % |
12/1/1996 | 1.4 % |
4/1/1999 | 1.1 % |
6/1/1999 | 7.3 % |
7/1/1999 | 1.9 % |
8/1/1999 | 8.4 % |
9/1/1999 | 10.5 % |
11/1/1999 | 8.1 % |
1/1/2000 | 16.8 % |
2/1/2000 | 2.4 % |
4/1/2000 | 0.1 % |
10/1/2000 | 1.5 % |
11/1/2000 | 2.2 % |
12/1/2000 | 10.6 % |
7/1/2001 | 1.4 % |
8/1/2001 | 1.1 % |
1/1/2002 | 3.5 % |
2/1/2002 | 2.8 % |
5/1/2002 | 5.8 % |
6/1/2002 | 0.3 % |
10/1/2002 | 1.8 % |
4/1/2003 | 1.4 % |
6/1/2003 | 13.4 % |
7/1/2003 | 2.6 % |
9/1/2003 | 1.2 % |
10/1/2003 | 1 % |
12/1/2003 | 9.4 % |
1/1/2004 | 7.3 % |
2/1/2004 | 1.9 % |
3/1/2004 | 6.9 % |
5/1/2004 | 0.9 % |
7/1/2004 | 7.8 % |
8/1/2004 | 10.5 % |
9/1/2004 | 10.1 % |
10/1/2004 | 1.5 % |
11/1/2004 | 0.2 % |
1/1/2005 | 6.9 % |
2/1/2005 | 0.4 % |
4/1/2005 | 0.6 % |
5/1/2005 | 3 % |
6/1/2005 | 2.4 % |
7/1/2005 | 8.3 % |
8/1/2005 | 7 % |
10/1/2005 | 9.1 % |
11/1/2005 | 12.6 % |
2/1/2006 | 13.7 % |
3/1/2006 | 3.9 % |
4/1/2006 | 15 % |
5/1/2006 | 6.7 % |
6/1/2006 | 4.7 % |
8/1/2006 | 1.8 % |
9/1/2006 | 4 % |
10/1/2006 | 2.2 % |
11/1/2006 | 4 % |
12/1/2006 | 10.2 % |
3/1/2007 | 5.5 % |
6/1/2007 | 6 % |
7/1/2008 | 19 % |
8/1/2008 | 53.6 % |
9/1/2008 | 54.2 % |
10/1/2008 | 19.8 % |
4/1/2010 | 0.6 % |
6/1/2010 | 0.6 % |
7/1/2010 | 4.3 % |
8/1/2010 | 20.4 % |
9/1/2010 | 17.7 % |
10/1/2010 | 6.4 % |
11/1/2010 | 6.8 % |
12/1/2010 | 7.5 % |
1/1/2011 | 2.7 % |
2/1/2011 | 10.1 % |
4/1/2011 | 0.3 % |
5/1/2011 | 6.4 % |
6/1/2011 | 5.8 % |
7/1/2011 | 21.2 % |
8/1/2011 | 14 % |
2/1/2012 | 7.5 % |
3/1/2012 | 5 % |
4/1/2012 | 10.3 % |
5/1/2012 | 9.3 % |
9/1/2012 | 15.5 % |
10/1/2012 | 25.2 % |
11/1/2012 | 10.3 % |
12/1/2012 | 10 % |
1/1/2013 | 5 % |
2/1/2013 | 3 % |
3/1/2013 | 7.3 % |
4/1/2013 | 5.8 % |
5/1/2013 | 14.5 % |
6/1/2013 | 15.3 % |
7/1/2013 | 12.4 % |
8/1/2013 | 8.8 % |
9/1/2013 | 19.4 % |
10/1/2013 | 7.1 % |
11/1/2013 | 14.1 % |
12/1/2013 | 18 % |
1/1/2014 | 12.3 % |
2/1/2014 | 1 % |
3/1/2015 | 0.7 % |
4/1/2015 | 0.4 % |
5/1/2015 | 5.8 % |
6/1/2015 | 16.3 % |
7/1/2015 | 7.4 % |
8/1/2015 | 8.8 % |
9/1/2015 | 2.6 % |
11/1/2015 | 1.7 % |
1/1/2016 | 0.2 % |
2/1/2016 | 7.8 % |
3/1/2016 | 8.4 % |
4/1/2016 | 9 % |
5/1/2016 | 9.8 % |
7/1/2016 | 8.9 % |
8/1/2016 | 2.5 % |
9/1/2016 | 10 % |
10/1/2016 | 13.1 % |
11/1/2016 | 6.7 % |
12/1/2016 | 3.9 % |
1/1/2017 | 12.8 % |
3/1/2017 | 0.2 % |
4/1/2017 | 1.9 % |
6/1/2017 | 1.7 % |
4/1/2018 | 0.3 % |
5/1/2018 | 1.3 % |
8/1/2018 | 1.6 % |
10/1/2018 | 0.3 % |
12/1/2018 | 2.1 % |
1/1/2019 | 1.1 % |
2/1/2019 | 4.2 % |
3/1/2019 | 10 % |
6/1/2019 | 0.3 % |
3/1/2021 | 1.5 % |
4/1/2021 | 7.1 % |
5/1/2021 | 9.9 % |
6/1/2021 | 7.3 % |
7/1/2021 | 9.9 % |
8/1/2021 | 7.5 % |
9/1/2021 | 4.3 % |
10/1/2021 | 10.4 % |
11/1/2021 | 3.7 % |
12/1/2021 | 4.2 % |
1/1/2022 | 2.1 % |
2/1/2022 | 6.3 % |
3/1/2022 | 6 % |
4/1/2022 | 2.4 % |
8/1/2022 | 4.6 % |
9/1/2022 | 1.1 % |
1/1/2023 | 6.6 % |
5/1/2023 | 3.5 % |
4/1/2024 | 13.9 % |
Housing Starts Year-over-Year (YoY) History
Date | Value |
---|---|
4/1/2024 | 13.9 % |
5/1/2023 | 3.5 % |
1/1/2023 | 6.6 % |
9/1/2022 | 1.1 % |
8/1/2022 | 4.6 % |
4/1/2022 | 2.4 % |
3/1/2022 | 6 % |
2/1/2022 | 6.3 % |
1/1/2022 | 2.1 % |
12/1/2021 | 4.2 % |
Similar Macro Indicators to Housing Starts Year-over-Year (YoY)
Name | Current | Previous | Frequency |
---|---|---|---|
🇯🇵 Construction Contracts | -19.7 % | 2.1 % | Monthly |
🇯🇵 Homeownership Rate | 61.2 % | 61.7 % | Annually |
🇯🇵 Housing Index | 124.14 points | 123.45 points | Monthly |
🇯🇵 Housing starts | 66,819 Units | 68,014 Units | Monthly |
🇯🇵 Price-Rent Ratio | 131.617 | 130.538 | Quarter |
🇯🇵 Residential property prices | 2.76 % | 2.03 % | Quarter |
In Japan, housing starts denote the year-on-year change in the volume of newly commenced housing construction.
Macro pages for other countries in Asia
- 🇨🇳China
- 🇮🇳India
- 🇮🇩Indonesia
- 🇸🇦Saudi Arabia
- 🇸🇬Singapore
- 🇰🇷South Korea
- 🇹🇷Turkey
- 🇦🇫Afghanistan
- 🇦🇲Armenia
- 🇦🇿Azerbaijan
- 🇧🇭Bahrain
- 🇧🇩Bangladesh
- 🇧🇹Bhutan
- 🇧🇳Brunei
- 🇰🇭Cambodia
- 🇹🇱East Timor
- 🇬🇪Georgia
- 🇭🇰Hong Kong
- 🇮🇷Iran
- 🇮🇶Iraq
- 🇮🇱Israel
- 🇯🇴Jordan
- 🇰🇿Kazakhstan
- 🇰🇼Kuwait
- 🇰🇬Kyrgyzstan
- 🇱🇦Laos
- 🇱🇧Lebanon
- 🇲🇴Macau
- 🇲🇾Malaysia
- 🇲🇻Maldives
- 🇲🇳Mongolia
- 🇲🇲Myanmar
- 🇳🇵Nepal
- 🇰🇵North Korea
- 🇴🇲Oman
- 🇵🇰Pakistan
- 🇵🇸Palestine
- 🇵🇭Philippines
- 🇶🇦Qatar
- 🇱🇰Sri Lanka
- 🇸🇾Syria
- 🇹🇼Taiwan
- 🇹🇯Tajikistan
- 🇹🇭Thailand
- 🇹🇲Turkmenistan
- 🇦🇪United Arab Emirates
- 🇺🇿Uzbekistan
- 🇻🇳Vietnam
- 🇾🇪Yemen
What is Housing Starts Year-over-Year (YoY)?
Housing Starts YoY (Year-over-Year) is a pivotal macroeconomic indicator that measures the annual percentage change in the number of new residential construction projects that have begun over a given period. At Eulerpool, a professional website dedicated to displaying comprehensive macroeconomic data, we delve into the intricate dynamics and significant implications of this crucial economic variable to provide you with invaluable insights. Housing starts, defined as the initiation of construction work on residential buildings, are a key component of the broader construction industry and an essential driver of economic activity. The Year-over-Year (YoY) variation in housing starts helps to offer a clearer picture of long-term trends by comparing the current level of new residential constructions to the corresponding period in the previous year. This metric is instrumental for economists, policymakers, investors, and industry stakeholders to gauge the health of the housing market, anticipate future economic growth, and formulate robust strategies. Understanding the value of Housing Starts YoY requires a deep dive into several interrelated aspects of the economy. The housing sector, including homebuilding, is a major contributor to the Gross Domestic Product (GDP) and job creation. Changes in housing starts can significantly impact the construction industry, manufacturing of building materials, real estate markets, and even consumer spending patterns. A surge in Housing Starts YoY typically signals strong demand for new housing, often reflecting economic optimism, increasing job security, and rising disposable incomes. This phenomenon usually correlates with lower mortgage rates, favorable lending conditions, and greater consumer confidence. Conversely, a decline in this metric can suggest economic headwinds, such as high interest rates, stringent lending standards, or broader economic uncertainty, prompting potential homebuyers to defer their purchasing decisions. Key factors influencing Housing Starts YoY include monetary policy, demographic trends, and regional economic health. Central banks, through their interest rate maneuvers, play a vital role in shaping housing market dynamics. Lower interest rates reduce the cost of borrowing, making mortgages more affordable and stimulating demand for new homes. On the other hand, higher interest rates can dampen housing demand by increasing borrowing costs, thus leading to a contraction in housing starts. Demographic trends also exert considerable influence on housing starts. Population growth, urbanization, and household formation rates are critical determinants of housing demand. For example, a rising millennial population entering their prime homebuying years can spur housing starts, while an aging population may reduce the demand for new homes. Furthermore, regional disparities, influenced by factors such as employment opportunities, industrial growth, and infrastructure development, lead to variability in housing starts across different areas. Housing Starts YoY can also serve as a leading economic indicator. Since residential construction is a highly forward-looking activity, an increase in housing starts tends to precede broader economic expansion. When homebuilders exhibit confidence in future market conditions by commencing new projects, it reverberates through the entire economy. This construction activity generates employment in the building trades, stimulates demand for building materials, and supports ancillary industries, ultimately contributing to overall economic growth. From an investment perspective, Housing Starts YoY is a critical variable for analyzing real estate markets and construction-related stocks. Investors closely monitor this metric to identify cyclical trends, enabling them to make informed decisions about investments in homebuilders, construction equipment manufacturers, and real estate investment trusts (REITs). A positive trajectory in housing starts often signals robust earnings potential for companies in these sectors. Policymakers rely on Housing Starts YoY data to formulate appropriate interventions. A declining trend in housing starts might prompt the government to introduce measures aimed at boosting housing supply, such as tax incentives, subsidies, or relaxing zoning regulations. On the other hand, an overheating housing market with unsustainably high YoY increases might necessitate policies to prevent speculative bubbles and ensure affordability. Housing Starts YoY also intersects with environmental and sustainability considerations. As more emphasis is put on green building practices and sustainable urban development, the industry’s approach to new housing projects evolves. Rising awareness and adoption of energy-efficient building standards and the utilization of sustainable materials can alter the trajectory of housing starts, thereby shaping the future landscape of residential construction. International comparison is another invaluable facet of interpreting Housing Starts YoY. By examining housing starts trends globally, stakeholders can identify best practices, policy impacts, and emerging markets. Cross-country comparisons reveal how different economies manage housing supply and demand dynamics, offering a comprehensive understanding of the global housing sector and facilitating more informed strategic decisions. In conclusion, Housing Starts YoY is a multifaceted and indispensable macroeconomic indicator serving as a barometer for the housing market and the broader economy. At Eulerpool, we provide detailed and up-to-date Housing Starts YoY data, empowering you with the knowledge required to navigate the complex interplay of economic forces. Whether you are an economist analyzing market trends, a policymaker shaping housing policy, an investor seeking growth opportunities, or an industry professional strategizing market entry, our platform is committed to delivering the insights you need. By tracking and interpreting Housing Starts YoY, we enable you to stay ahead in an ever-evolving economic landscape, making Eulerpool your trusted partner in mastering macroeconomic data and its implications.