Value of Plans for Commercial and Industrial Buildings, Manhattan for New York, NY
Millions of Current Dollars, Annual, Not Seasonally Adjusted
A0256AUS35620A398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.68
Year-over-Year Change
53.40%
Date Range
1/1/1868 - 1/1/1920
Summary
This economic trend measures the total value of current dollar expenditures in the U.S. on an annual, not seasonally adjusted basis. It provides an important indicator of overall consumer spending and economic activity.
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 'Millions of Current Dollars, Annual, Not Seasonally Adjusted' series represents the total dollar value of all consumer expenditures in the United States on an annual basis, without adjusting for seasonal factors. This metric is widely used by economists and policymakers to assess the health and direction of the broader economy.
Methodology
The data is collected through household surveys and aggregated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- Annual consumer spending in the U.S. exceeded $15 trillion in 2021.
- Consumer expenditures account for over two-thirds of U.S. GDP.
- This metric has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of current dollar expenditures by consumers in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall health and direction of the U.S. economy, as consumer spending accounts for a large portion of economic activity.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and aggregated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this trend to inform decisions on monetary policy and broader economic management.
Q: Are there update delays or limitations?
A: This annual, not seasonally adjusted data is typically released with a lag of several months, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Millions of Current Dollars, Annual, Not Seasonally Adjusted (A0256AUS35620A398NNBR), retrieved from FRED.