Private Commercial, Industrial, and Public Utility Construction (Constant Dollars) for United States
M0267AUSM380NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
443.00
Year-over-Year Change
37.58%
Date Range
1/1/1939 - 12/1/1946
Summary
This economic indicator tracks inflation-adjusted spending on private commercial, industrial, and public utility construction projects in the United States. It provides insight into investment activity and infrastructure development.
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 Commercial, Industrial, and Public Utility Construction (Constant Dollars) metric measures the total value of construction projects, adjusted for inflation, across private commercial, industrial, and public utility sectors in the U.S. economy. It is a key indicator of investment and economic growth.
Methodology
The data is collected through surveys of construction companies and government agencies.
Historical Context
This metric is closely watched by economists, policymakers, and investors to assess the health of the construction industry and broader economic conditions.
Key Facts
- Construction spending accounts for over 4% of U.S. GDP.
- Public utility construction makes up about 20% of total construction value.
- The metric is adjusted for inflation to provide a real-terms view.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks inflation-adjusted spending on private commercial, industrial, and public utility construction projects in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into investment activity and infrastructure development, which are key drivers of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction companies and government agencies.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and investors closely monitor this indicator to assess the health of the construction industry and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is subject to revision and may have publication delays of several weeks.
Related Trends
Value of New Residential Buildings Erected for Ohio
A02287US000OHA550NNBR
Miles of Railroad Track Laid on Main Lines for United States
Q0284AUSQ376NNBR
Gross Public Construction, Excluding Military for United States
A02151USA398NNBR
Contracts for Construction Other Than Buildings for United States
M02112USM398NNBR
Expenditures for New Private Nonfarm Housekeeping Units for United States
A02269USA398NNBR
Nonfarm Building Construction (Constant Dollars) for United States
A0296CUSA382NNBR
Citation
U.S. Federal Reserve, Private Commercial, Industrial, and Public Utility Construction (Constant Dollars) for United States (M0267AUSM380NNBR), retrieved from FRED.