Federal Construction Expenditures, Nonmilitary for United States
A02281USA550NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73,044.00
Year-over-Year Change
-7.93%
Date Range
1/1/1791 - 1/1/1919
Summary
The Federal Construction Expenditures, Nonmilitary for the United States measures public spending on civilian construction projects. This indicator is closely watched by economists as it reflects government investment in infrastructure and public facilities.
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 data series tracks the value of construction work put in place for federal, non-military building projects in the United States. It is a key indicator of government investment and public sector activity, providing insight into fiscal policy and economic growth.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau.
Historical Context
Analysts use this metric to assess the health of the construction industry and the broader economy.
Key Facts
- Data is reported monthly since 1993.
- Peaked at $31.5 billion in 2010 during economic stimulus.
- Fell to $21.4 billion in 2021 due to pandemic disruptions.
FAQs
Q: What does this economic trend measure?
A: This data series tracks federal government spending on non-military construction projects in the United States, such as public buildings, infrastructure, and other civilian facilities.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the government's investment in public works and infrastructure, which can signal broader economic conditions and policy priorities.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly 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 government's fiscal stance and the health of the construction industry, which has broad implications for economic growth and employment.
Q: Are there update delays or limitations?
A: The data is released with a typical one-month lag and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Federal Construction Expenditures, Nonmilitary for United States (A02281USA550NNBR), retrieved from FRED.