Private New Construction Activity, Industrial Buildings for United States
M02185USM398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
270.00
Year-over-Year Change
3.05%
Date Range
1/1/1939 - 12/1/1963
Summary
This economic indicator tracks the value of new industrial building construction in the United States. It is an important measure of private investment and 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
The Private New Construction Activity, Industrial Buildings for United States series measures the value of new industrial building construction projects, such as factories, warehouses, and distribution centers. This metric provides insight into the level of private investment and the health of the manufacturing and logistics sectors.
Methodology
The data is collected through surveys of construction industry firms and government agencies.
Historical Context
This indicator is closely watched by economists, policymakers, and industry analysts to assess the strength of the U.S. economy.
Key Facts
- Indicator of new industrial building projects in the U.S.
- Measures value of construction, not just number of buildings.
- Provides insight into private investment and economic health.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the value of new industrial building construction projects in the United States, such as factories, warehouses, and distribution centers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the level of private investment and the health of the manufacturing and logistics sectors, which are key drivers of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction industry firms and government agencies.
Q: How is this trend used in economic policy?
A: This indicator is closely watched by economists, policymakers, and industry analysts to assess the strength of the U.S. economy and inform economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be some delays in reporting due to the nature of the construction industry.
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Citation
U.S. Federal Reserve, Private New Construction Activity, Industrial Buildings for United States (M02185USM398NNBR), retrieved from FRED.