Net Private Construction, Excluding Nonfarm Residential for United States
A02211USA398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,795.00
Year-over-Year Change
-253.29%
Date Range
1/1/1889 - 1/1/1955
Summary
This economic trend measures private construction spending in the U.S., excluding residential projects. It is a key indicator of business investment and economic growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Net Private Construction, Excluding Nonfarm Residential indicator tracks the dollar value of private construction projects in the U.S., excluding single-family and multi-family housing. This metric provides insight into broader trends in business and commercial real estate investment.
Methodology
This data is collected by the U.S. Census Bureau through surveys of construction companies and project owners.
Historical Context
Economists and policymakers monitor this metric to assess the health of the broader economy and business investment environment.
Key Facts
- Private construction spending makes up over 60% of total U.S. construction activity.
- This metric excludes residential projects like single-family homes and apartments.
- Trends in private construction are closely watched for signals about the broader economy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the dollar value of private construction projects in the U.S., excluding residential housing.
Q: Why is this trend relevant for users or analysts?
A: Monitoring private construction spending provides insight into broader business investment and economic growth.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of construction companies and project owners.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this metric to assess the health of the broader economy and business investment environment.
Q: Are there update delays or limitations?
A: This data is released monthly with a typical 1-2 month delay.
Related Trends
Rail Consumption for France
A026FAFRA580NNBR
Private New Construction Activity, Industrial Buildings for United States
M02185USM398NNBR
Portland Cement Production for United States
M02122USM386NNBR
Concrete Pavement Contracts Awarded for United States
M02088USM451NNBR
Total Pavements Laid, Manhattan for New York, NY
A0294AUS35620A603NNBR
Private Public Utility Construction for United States
M0291BUSM398SNBR
Citation
U.S. Federal Reserve, Net Private Construction, Excluding Nonfarm Residential for United States (A02211USA398NNBR), retrieved from FRED.