Brick Production for United States
Millions of Bricks, Monthly, Not Seasonally Adjusted
M0224AUSM390NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.50
Year-over-Year Change
-0.39%
Date Range
1/1/1919 - 7/1/1925
Summary
This economic indicator tracks the monthly production of bricks in the United States. It is an important gauge of construction activity 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
The 'Millions of Bricks, Monthly, Not Seasonally Adjusted' series measures the total volume of bricks manufactured in the U.S. each month. Brick production is a leading indicator for the construction industry and can signal changes in real estate development, infrastructure projects, and overall economic growth.
Methodology
The data is collected through surveys of brick manufacturers and producers.
Historical Context
Economists and policymakers monitor this trend to assess the health of the construction sector and make informed decisions about economic and housing policy.
Key Facts
- Brick production supports over 80,000 jobs in the US.
- The US is the world's 3rd largest brick producer.
- Brick manufacturing accounts for $10 billion in annual economic output.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly production volume of bricks in the United States, providing insights into the construction industry and broader economic conditions.
Q: Why is this trend relevant for users or analysts?
A: Brick production is a leading indicator for the construction sector, which is a key driver of economic growth. Monitoring this trend can help analysts and policymakers assess the health of the construction industry and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of brick manufacturers and producers in the United States.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor brick production data to gauge the strength of the construction industry and the broader economy. This information can inform decisions about housing, infrastructure, and economic policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of 4-6 weeks. While the series provides timely insights, it may not capture the full scope of brick production and construction activity in the United States.
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Citation
U.S. Federal Reserve, Millions of Bricks, Monthly, Not Seasonally Adjusted (M0224AUSM390NNBR), retrieved from FRED.