Index of Output of Construction Materials, Total for United States
M02245USM349NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.20
Year-over-Year Change
11.70%
Date Range
1/1/1947 - 12/1/1963
Summary
The Index of Output of Construction Materials, Total for United States measures the production volume of a broad range of construction-related products. This trend is a key indicator of activity in the construction industry and broader economic conditions.
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 index tracks the output of a diverse set of materials used in residential, commercial, and infrastructure construction projects. It provides an aggregate view of production in the construction supply chain, which is an important component of overall economic performance.
Methodology
The data is collected through surveys of manufacturers and compiled by the U.S. Federal Reserve.
Historical Context
Policymakers and market analysts use this index to gauge the health of the construction sector and make informed decisions.
Key Facts
- The index has a base year of 2012 = 100.
- Construction materials account for a significant portion of the U.S. economy.
- The index is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index of Output of Construction Materials, Total for United States measures the production volume of a wide range of construction-related products, providing an aggregate view of activity in the construction supply chain.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health of the construction industry and broader economic conditions, as construction materials are a critical component of overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturers and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this index to gauge the strength of the construction sector and make informed decisions about economic policy and investment.
Q: Are there update delays or limitations?
A: The index is released monthly by the Federal Reserve, with no significant update delays.
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Citation
U.S. Federal Reserve, Index of Output of Construction Materials, Total for United States (M02245USM349NNBR), retrieved from FRED.