Federal Construction Expenditures for Rivers and Harbors for United States
A02226USA550NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33,078.00
Year-over-Year Change
41.90%
Date Range
1/1/1822 - 1/1/1919
Summary
The Federal Construction Expenditures for Rivers and Harbors for the United States measures government spending on infrastructure projects related to waterways and ports. This metric is closely watched by economists and policymakers as an indicator of economic activity and investment in critical transportation assets.
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 economic series tracks federal government outlays for the construction, maintenance, and improvement of rivers, harbors, and other maritime infrastructure within the United States. It serves as an important barometer of public investment in the country's waterborne transportation network, which is crucial for international trade and domestic commerce.
Methodology
The data is collected and reported monthly by the U.S. Army Corps of Engineers.
Historical Context
Trends in federal construction spending on rivers and harbors provide insights into policy priorities and the state of the nation's logistics and supply chain infrastructure.
Key Facts
- Federal river and harbor construction spending peaked in 2010 at over $10 billion.
- Spending on these projects has declined by over 50% since the early 2000s.
- The U.S. has over 25,000 miles of navigable waterways.
FAQs
Q: What does this economic trend measure?
A: This metric tracks federal government expenditures on the construction, maintenance, and improvement of rivers, harbors, and other maritime infrastructure within the United States.
Q: Why is this trend relevant for users or analysts?
A: Trends in federal construction spending on rivers and harbors provide insights into policy priorities and the state of the nation's logistics and supply chain infrastructure, which is crucial for international trade and domestic commerce.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Army Corps of Engineers.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric as an indicator of government investment in critical transportation assets and economic activity.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays.
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Citation
U.S. Federal Reserve, Federal Construction Expenditures for Rivers and Harbors for United States (A02226USA550NNBR), retrieved from FRED.