Portland Cement Production for United States
M02122USM386NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.99
Year-over-Year Change
4.58%
Date Range
1/1/1911 - 12/1/1963
Summary
The Portland Cement Production for United States trend measures the monthly production volume of Portland cement, a critical construction material, in the United States. This metric provides insights into the health of the construction industry and broader 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
Portland cement is the most common type of cement, widely used in the production of concrete, mortar, and other construction materials. The Portland Cement Production for United States trend tracks the monthly output of this essential building material, offering economists and policymakers a window into the state of the construction sector and overall economic conditions.
Methodology
The data is collected and reported by the U.S. Geological Survey through surveys of cement manufacturing facilities.
Historical Context
This production metric is closely monitored by construction industry analysts, real estate investors, and economic policymakers to gauge demand and activity in the construction market.
Key Facts
- Portland cement accounts for over 95% of the total cement production in the United States.
- Cement production is a leading indicator of construction activity and broader economic health.
- The United States is one of the largest cement producers and consumers in the world.
FAQs
Q: What does this economic trend measure?
A: The Portland Cement Production for United States trend measures the monthly production volume of Portland cement, a critical construction material, in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health of the construction industry and broader economic activity, making it a closely watched indicator by construction analysts, real estate investors, and economic policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Geological Survey through surveys of cement manufacturing facilities.
Q: How is this trend used in economic policy?
A: This production metric is used by construction industry analysts, real estate investors, and economic policymakers to gauge demand and activity in the construction market, which is a key driver of overall economic performance.
Q: Are there update delays or limitations?
A: The Portland Cement Production data is reported monthly, with a typical lag of several weeks between the reference period and the release of the data.
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Citation
U.S. Federal Reserve, Portland Cement Production for United States (M02122USM386NNBR), retrieved from FRED.