Total Public Construction Spending: Transportation in the United States
Percent Change from Preceding Period, Seasonally Adjusted
MPCP09XXS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.10
Year-over-Year Change
-66.67%
Date Range
2/1/2002 - 6/1/2025
Summary
This economic trend measures the seasonally adjusted percent change in personal consumption expenditures from the previous period. It is a key indicator of consumer spending and economic 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
The Percent Change from Preceding Period, Seasonally Adjusted measures the month-over-month percent change in personal consumption expenditures, which account for the majority of U.S. economic activity. Economists and policymakers closely monitor this data to assess the strength of consumer demand.
Methodology
The data is collected through household and business surveys by the U.S. Bureau of Economic Analysis.
Historical Context
Trends in personal consumption expenditures are used to inform monetary and fiscal policy decisions.
Key Facts
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- The percent change in personal consumption expenditures is a leading indicator of the business cycle.
- Stable growth in consumer spending is a key goal of U.S. economic policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percent change in personal consumption expenditures, which include spending on goods and services by U.S. households.
Q: Why is this trend relevant for users or analysts?
A: Consumer spending is the primary driver of U.S. economic growth, so this metric is closely watched by economists, investors, and policymakers to assess the strength of the economy.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Trends in personal consumption expenditures are used by the Federal Reserve and other policymakers to inform decisions about monetary policy, which aims to promote stable economic growth and moderate inflation.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month, so the most recent figures may not reflect the current state of the economy.
Related Trends
Total Private Construction Spending: Office in the United States
PROFCONS
Total Private Construction Spending: Lodging in the United States
PLODGCONS
Total Construction Spending: Water Supply in the United States
TLWSCONS
Total Construction Spending: Sewage and Waste Disposal in the United States
TLSWDCONS
Total Public Construction Spending: Commercial in the United States
PBCOMCONS
Total Private Construction Spending: Power in the United States
PRPWRCON
Citation
U.S. Federal Reserve, Percent Change from Preceding Period, Seasonally Adjusted (MPCP09XXS), retrieved from FRED.