Total Public Construction Spending: Power in the United States
Percent Change from Preceding Period, Seasonally Adjusted
MPCP11XXS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
-108.70%
Date Range
2/1/2002 - 6/1/2025
Summary
This economic trend measures the seasonally adjusted percent change from the previous period in selected personal consumption expenditure (PCE) components. It provides insights into consumer spending patterns and is a key indicator of economic health.
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 or quarter-over-quarter percent change in personal consumption expenditure categories like durable goods, nondurable goods, and services. This metric is widely used by economists and policymakers to analyze consumer demand and gauge the overall direction of the economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of consumer spending.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The data is seasonally adjusted to account for regular fluctuations.
- Percent change is calculated from the previous period, either month or quarter.
- This metric provides insight into consumer demand and economic momentum.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month or quarter-over-quarter percent change in personal consumption expenditure, a key indicator of consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Changes in consumer spending patterns are closely watched by economists, policymakers, and market analysts as they provide insights into the health and direction of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of consumer spending.
Q: How is this trend used in economic policy?
A: The Percent Change from Preceding Period, Seasonally Adjusted is a key input for the Federal Reserve and other institutions when making decisions about monetary policy and managing the overall economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a lag of approximately one month, and may be subject to revisions as more complete information becomes available.
Related Trends
Total Private Construction Spending: Manufacturing in the United States
PRMFGCONS
Total Construction Spending: Office in the United States
TLOFCONS
Total Construction Spending: Residential in the United States
TLRESCONS
Total Construction Spending: Sewage and Waste Disposal in the United States
TLSWDCONS
Total Construction Spending: Lodging in the United States
TLLODGCONS
Total Public Construction Spending: Office in the United States
PBOFCONS
Citation
U.S. Bureau of Economic Analysis, Percent Change from Preceding Period, Seasonally Adjusted (MPCP11XXS), retrieved from FRED.