Private Nonfarm Nonresidential Buildings Other Than Commercial and Industrial (Constant Dollars) for United States
Millions of 1947-1949 Dollars, Annual, Not Seasonally Adjusted
A0290AUSA380NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
755.00
Year-over-Year Change
181.72%
Date Range
1/1/1920 - 1/1/1946
Summary
This economic trend measures the value of goods and services produced in the United States, adjusted for inflation, on an annual basis without seasonal adjustments.
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 1947-1949 Dollars, Annual, Not Seasonally Adjusted trend provides a measure of real Gross Domestic Product (GDP) in the United States. It is an important indicator of economic growth and the overall health of the national economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and economic data.
Historical Context
This metric is widely used by economists, policymakers, and market analysts to assess the strength and trajectory of the U.S. economy.
Key Facts
- The base year for this metric is 1947-1949.
- The data is reported on an annual, not seasonally adjusted basis.
- This trend is a key indicator of the overall size and performance of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services produced in the United States, adjusted for inflation, on an annual basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric is a fundamental indicator of the size and growth of the U.S. economy, providing important insights for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and economic data.
Q: How is this trend used in economic policy?
A: This metric is widely used by policymakers, central banks, and other institutions to assess the overall health and trajectory of the U.S. economy, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Millions of 1947-1949 Dollars, Annual, Not Seasonally Adjusted (A0290AUSA380NNBR), retrieved from FRED.