Net Military Construction (Constant Dollars) for United States
A02216USA379NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-72.00
Year-over-Year Change
-104.55%
Date Range
1/1/1914 - 1/1/1955
Summary
The 'Net Military Construction (Constant Dollars) for United States' metric tracks government spending on military construction projects in the U.S. over time, providing insights into infrastructure investment and strategic priorities.
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 measures net new military construction spending by the U.S. federal government, adjusted for inflation. It is an important indicator of the government's commitment to maintaining and modernizing military facilities and capabilities.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis from government budgeting and spending records.
Historical Context
Policymakers and analysts use this metric to assess trends in defense expenditures and infrastructure investment.
Key Facts
- Military construction spending has declined since the 1980s.
- Constant-dollar military construction peaked at over $18 billion in 1985.
- The U.S. government spent $10.4 billion on net military construction in 2021.
FAQs
Q: What does this economic trend measure?
A: This metric tracks government spending on new military construction projects in the United States, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the government's priorities and investment in military infrastructure, which is relevant for defense policy and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis from government budgeting and spending records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess trends in defense expenditures and infrastructure investment.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the U.S. government, but there may be some delays in availability.
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Citation
U.S. Federal Reserve, Net Military Construction (Constant Dollars) for United States (A02216USA379NNBR), retrieved from FRED.