Public Residential Buildings Value of New Construction Put in Place (Constant Dollars) for United States
M0276AUSM380NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64.00
Year-over-Year Change
2033.33%
Date Range
1/1/1939 - 12/1/1946
Summary
This economic trend measures the value of new public residential construction projects in the United States, adjusted for inflation. It provides insight into government investment in housing infrastructure.
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 Public Residential Buildings Value of New Construction Put in Place metric tracks the dollar value of new public residential construction projects, such as public housing and other government-funded housing initiatives. This data is an important indicator of government policy priorities and investment in the housing market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of construction firms and government agencies.
Historical Context
Policymakers and analysts use this metric to gauge the government's role in the housing sector and its impact on the broader economy.
Key Facts
- The metric is reported in constant dollars, adjusting for inflation.
- Public residential construction accounts for a small portion of overall housing investment.
- The data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of new public residential construction projects in the United States, such as public housing and other government-funded housing initiatives.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into government investment and policy priorities in the housing sector, which can have broader implications for the economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of construction firms and government agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the government's role in the housing market and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with typical update delays of a few weeks.
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Citation
U.S. Federal Reserve, Public Residential Buildings Value of New Construction Put in Place (Constant Dollars) for United States (M0276AUSM380NNBR), retrieved from FRED.