Total Public Construction Spending: Power in the United States
PBPWRCONS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,230.00
Year-over-Year Change
-7.50%
Date Range
1/1/2002 - 6/1/2025
Summary
The 'Total Public Construction Spending: Power in the United States' metric tracks government investment in power infrastructure projects, including electric utilities, renewable energy, and transmission systems.
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 indicator provides insight into public sector priorities and commitment to modernizing the nation's power grid and energy infrastructure. Economists and policymakers monitor this data to assess the government's role in supporting energy security and the transition to clean power.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau based on construction spending surveys.
Historical Context
Trends in public power infrastructure investment are closely watched for their implications on energy policy, grid reliability, and the broader economy.
Key Facts
- Public power construction spending was $34.2 billion in 2022.
- This metric has risen by 20% over the past 5 years.
- Investment in renewable energy projects makes up over 25% of total public power construction.
FAQs
Q: What does this economic trend measure?
A: This metric tracks government investment in power infrastructure projects, including electric utilities, renewable energy, and transmission systems.
Q: Why is this trend relevant for users or analysts?
A: Trends in public power infrastructure investment are closely watched for their implications on energy policy, grid reliability, and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Census Bureau based on construction spending surveys.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this data to assess the government's role in supporting energy security and the transition to clean power.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a typical 1-2 month delay.
Related Trends
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Citation
U.S. Federal Reserve, Total Public Construction Spending: Power in the United States (PBPWRCONS), retrieved from FRED.