Total Public Construction Spending: Public Safety in the United States
PBPSCONS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,064.00
Year-over-Year Change
1.63%
Date Range
1/1/2002 - 6/1/2025
Summary
The Total Public Construction Spending: Public Safety trend measures investment in public safety infrastructure like police stations, fire departments, and correctional facilities in the United States. This metric is important for economists and policymakers to assess government priorities and allocation of resources.
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 total value of public construction projects related to public safety, including spending on law enforcement, fire protection, and criminal justice facilities. It provides insight into government investment in community safety and security infrastructure.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state and local government construction projects.
Historical Context
This metric is used to analyze trends in government budgets and infrastructure spending priorities.
Key Facts
- Public safety construction spending reached a peak of $27.5 billion in 2009.
- Spending on public safety infrastructure has declined by 35% since the 2009 peak.
- Correctional facilities account for the largest share of public safety construction spending.
FAQs
Q: What does this economic trend measure?
A: The Total Public Construction Spending: Public Safety trend measures investment in public infrastructure related to law enforcement, fire protection, and criminal justice facilities.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into government priorities and resource allocation for community safety and security, which is crucial for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state and local government construction projects.
Q: How is this trend used in economic policy?
A: This trend is used to analyze government budgets and infrastructure spending, helping inform policy decisions related to public safety and community investment.
Q: Are there update delays or limitations?
A: The data is published monthly with a slight delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Total Public Construction Spending: Public Safety in the United States (PBPSCONS), retrieved from FRED.