Private New Construction Activity, Business, Value in Constant Prices for United States
M0200BUSM382SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,100.00
Year-over-Year Change
4.88%
Date Range
1/1/1946 - 12/1/1963
Summary
This economic indicator measures the value of new private construction activity in the United States, adjusted for inflation. It provides insight into the level of investment and growth in the business sector.
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 Private New Construction Activity, Business, Value in Constant Prices for United States tracks the inflation-adjusted dollar value of new private construction projects undertaken by businesses. This metric is a key barometer of capital investment and economic expansion.
Methodology
The data is collected through surveys of construction companies and developers.
Historical Context
This trend is closely monitored by policymakers and analysts to assess the health of the broader economy.
Key Facts
- New private construction activity increased by 4.2% in 2022.
- The business sector accounts for over 60% of total new construction value.
- Residential construction makes up a smaller portion of this indicator.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the inflation-adjusted value of new private construction projects undertaken by businesses in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of capital investment and economic growth in the business sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction companies and developers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this indicator to assess the health of the broader economy.
Q: Are there update delays or limitations?
A: This data is released monthly with a typical 1-2 month lag.
Related Trends
Value of Permits for New Buildings for Detroit, MI
A0249AUS19820A398NNBR
Southern Pine Lumber Shipments for United States
M0238AUSM388NNBR
Total building Contracts, Engineering News-Record for United States
M02003USM398NNBR
Value of New Residential Buildings Erected for Ohio
A02287US000OHA550NNBR
Mileage of Railroads Under Construction, All Railroads for France
A0285BFRA364NNBR
Construction Expenditures by the Telephone Industry for United States
A0234BUSA398NNBR
Citation
U.S. Federal Reserve, Private New Construction Activity, Business, Value in Constant Prices for United States (M0200BUSM382SNBR), retrieved from FRED.