Total Pavements Laid, Manhattan for New York, NY
A0294AUS35620A603NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
277.00
Year-over-Year Change
-33.25%
Date Range
1/1/1870 - 1/1/1935
Summary
The 'Total Pavements Laid, Manhattan for New York, NY' metric tracks the total area of new paved surfaces constructed in Manhattan, New York. This data provides insights into urban development and infrastructure investment trends.
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 indicator measures the total square footage of new paved surfaces, such as roads, sidewalks, and public plazas, constructed in the Manhattan borough of New York City. It serves as a proxy for physical infrastructure investment and urban planning activity in one of the most densely populated urban centers in the United States.
Methodology
The data is collected through on-site surveys and permitting records by local government agencies.
Historical Context
This metric is used by urban planners, real estate analysts, and policymakers to assess development patterns and infrastructure priorities.
Key Facts
- Manhattan covers an area of 23.7 square miles.
- New York City is the most populous city in the United States.
- Infrastructure investment is a key driver of urban economic growth.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total square footage of new paved surfaces, such as roads, sidewalks, and public plazas, constructed in the Manhattan borough of New York City.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into urban development and infrastructure investment trends, which are important for urban planners, real estate analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through on-site surveys and permitting records by local government agencies.
Q: How is this trend used in economic policy?
A: This metric is used by urban planners, real estate analysts, and policymakers to assess development patterns and infrastructure priorities.
Q: Are there update delays or limitations?
A: The data may be subject to periodic delays in reporting and can be influenced by factors such as weather and budgetary constraints.
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Citation
U.S. Federal Reserve, Total Pavements Laid, Manhattan for New York, NY (A0294AUS35620A603NNBR), retrieved from FRED.