Net Public Construction, Excluding Military for United States
A02213USA398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,074.00
Year-over-Year Change
368.95%
Date Range
1/1/1889 - 1/1/1955
Summary
The Net Public Construction, Excluding Military for United States measures investments in non-military infrastructure projects by federal, state, and local governments. It is a key indicator of public sector economic activity and can inform policymakers on infrastructure spending needs.
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
This series represents the total value of new construction put in place for public projects, excluding military-related construction. It reflects investments in transportation, utilities, schools, hospitals, and other public facilities. Economists and policymakers use this data to analyze the health of the public construction sector and its contribution to overall economic growth.
Methodology
The data is collected through surveys of construction companies and government agencies by the U.S. Census Bureau.
Historical Context
Trends in public construction activity can influence fiscal policy decisions around infrastructure spending and investment.
Key Facts
- Excludes military-related construction projects.
- Measures investments by federal, state, and local governments.
- Considered a leading indicator of economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of new construction put in place for public projects, excluding military-related construction, by federal, state, and local governments.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for analyzing the health of the public construction sector and its contribution to overall economic growth. It can inform policymakers on infrastructure spending needs.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction companies and government agencies by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in public construction activity can influence fiscal policy decisions around infrastructure spending and investment.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Net Public Construction, Excluding Military for United States (A02213USA398NNBR), retrieved from FRED.