Producer Price Index by Industry: New Nonresidential Building Construction by Contractor Type/Region: Plumbing, Heating, and Air Conditioning Contractors for Northeast Census Region
PCU2364002364002211 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172.88
Year-over-Year Change
-3.28%
Date Range
2/1/2014 - 6/1/2025
Summary
The Producer Price Index (PPI) for Plumbing, Heating, and Air Conditioning Contractors in the Northeast Census Region measures changes in the prices charged by construction contractors for new nonresidential building projects. This metric is a key indicator of construction industry costs and inflationary pressures.
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 PPI for Plumbing, Heating, and Air Conditioning Contractors in the Northeast tracks the average change in prices charged by contractors for new commercial and industrial building construction. This data provides insight into the cost dynamics facing construction firms and helps policymakers and economists assess broader trends in the building sector.
Methodology
The U.S. Bureau of Labor Statistics collects these PPI data through surveys of construction companies.
Historical Context
Tracking this construction cost index can inform decisions around commercial real estate investment, infrastructure spending, and monetary policy.
Key Facts
- The Northeast region accounts for over 20% of U.S. construction activity.
- Plumbing and HVAC represent around 20% of total building construction costs.
- PPI for this sector has risen over 30% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This Producer Price Index (PPI) measures the average change in prices charged by contractors for new nonresidential building construction projects, specifically for plumbing, heating, and air conditioning work in the Northeast Census Region.
Q: Why is this trend relevant for users or analysts?
A: This construction cost index provides important insights into inflationary pressures and cost dynamics facing the commercial building sector, which can inform investment, policy, and economic decisions.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects these PPI data through surveys of construction companies.
Q: How is this trend used in economic policy?
A: Tracking this construction cost index can inform decisions around commercial real estate investment, infrastructure spending, and monetary policy.
Q: Are there update delays or limitations?
A: The PPI data is published monthly with a lag of around 2 weeks, and may be subject to revisions.
Related Trends
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Expenditures: Transportation by Region: Residence in the Northeast Census Region
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Citation
U.S. Federal Reserve, Producer Price Index by Industry: New Nonresidential Building Construction by Contractor Type/Region: Plumbing, Heating, and Air Conditioning Contractors for Northeast Census Region (PCU2364002364002211), retrieved from FRED.