Net Private Construction, Excluding Nonfarm Residential) for United States
A02212USA379NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,593.00
Year-over-Year Change
-155.82%
Date Range
1/1/1889 - 1/1/1955
Summary
This economic indicator tracks private construction spending in the U.S., excluding residential projects. It provides insights into broader trends in 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 metric represents the value of private construction projects, such as commercial buildings, infrastructure, and industrial facilities. It excludes residential construction to isolate trends in non-housing investment.
Methodology
The data is collected through surveys of construction companies and contractors by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this indicator to assess the health of the broader economy and business sector.
Key Facts
- Excludes residential construction projects.
- Provides insights into broader business investment trends.
- Can signal shifts in economic growth and the business cycle.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the value of private construction projects in the U.S., excluding residential buildings.
Q: Why is this trend relevant for users or analysts?
A: It offers insights into broader business investment and economic growth patterns, which are important for understanding the state of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction companies and contractors by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this indicator to assess the health of the broader economy and business sector.
Q: Are there update delays or limitations?
A: The data is subject to revisions and may have some delay in reporting compared to other economic indicators.
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Citation
U.S. Federal Reserve, Net Private Construction, Excluding Nonfarm Residential (A02212USA379NNBR), retrieved from FRED.