Private Farm Construction (Constant Dollars) for United States
M0299AUSM380NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.00
Year-over-Year Change
221.43%
Date Range
1/1/1939 - 12/1/1946
Summary
The 'Private Farm Construction (Constant Dollars) for United States' trend measures investment in private farm construction projects in the U.S. adjusted for inflation. It provides insights into agricultural sector investment and growth.
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 series tracks the dollar value of new private construction put in place for farm-related buildings and structures in the United States. It is an important indicator of investment and activity within the agricultural industry.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of construction project owners and contractors.
Historical Context
This metric is closely monitored by policymakers, economists, and investors to assess the health and growth prospects of the U.S. farm and agricultural sectors.
Key Facts
- Measured in constant 2012 U.S. dollars.
- Reached a recent peak in 2015 at $19.4 billion.
- Declined over 20% from 2015 to 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of new private construction projects for farm-related buildings and structures in the United States, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into investment and activity levels within the U.S. agricultural sector, which is closely monitored by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of construction project owners and contractors.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and analysts to assess the health and growth prospects of the U.S. farm and agricultural sectors, which have important implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely insights into construction activity in the agricultural industry.
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Citation
U.S. Federal Reserve, Private Farm Construction (Constant Dollars) for United States (M0299AUSM380NNBR), retrieved from FRED.