Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Sweden
Quarterly, Not Seasonally Adjusted
LFEACNTTSEQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
340,100.00
Year-over-Year Change
-2.66%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the value of quarterly, not seasonally adjusted total construction put in place in the United States. It is a key indicator of construction activity and economic growth.
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 Quarterly, Not Seasonally Adjusted construction spending metric tracks the total dollar value of public and private construction projects completed each quarter without seasonal adjustments. It is a widely followed economic indicator used by policymakers, analysts, and investors to gauge the health of the construction sector and broader economy.
Methodology
The U.S. Census Bureau collects this data through surveys of construction firms and government agencies.
Historical Context
Quarterly construction spending figures are closely monitored by the Federal Reserve and other economic policymakers.
Key Facts
- Construction spending accounts for over 4% of U.S. GDP.
- Private construction makes up around 70% of total construction spending.
- After the 2008 recession, construction spending took 7 years to return to pre-crisis levels.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of public and private construction projects completed in the United States on a quarterly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Quarterly construction spending is a key economic indicator used to assess the health of the construction industry and broader economic conditions. It provides insight into investment, employment, and growth trends.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of construction firms and government agencies.
Q: How is this trend used in economic policy?
A: Quarterly construction spending figures are closely monitored by the Federal Reserve and other policymakers to gauge the strength of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag, and does not account for seasonal variations in construction activity.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEACNTTSEQ647N), retrieved from FRED.