Producer Price Index by Industry: New Nonresidential Building Construction by Region: New Nonresidential Building Construction for Northeast Census Region
PCU2365002365001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172.20
Year-over-Year Change
1.73%
Date Range
2/1/2014 - 6/1/2025
Summary
The Producer Price Index (PPI) for New Nonresidential Building Construction in the Northeast Census Region tracks changes in construction costs for new commercial, industrial, and institutional buildings in that geographic area.
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 New Nonresidential Building Construction by Region is a key indicator of construction activity and inflationary pressures in the building industry. It measures price changes over time for a representative sample of new nonresidential structures, providing insights into construction cost trends in different parts of the country.
Methodology
This PPI is calculated based on surveys of prices paid by contractors for materials, labor, and services used in new nonresidential building construction projects.
Historical Context
Economists and policymakers monitor this regional PPI to assess the health of the construction sector and forecast changes in building costs.
Key Facts
- The Northeast Census Region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- New nonresidential building construction includes commercial, industrial, and institutional buildings.
- The PPI tracks changes in construction materials, labor, and other input costs.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index (PPI) for New Nonresidential Building Construction in the Northeast Census Region tracks changes in construction costs for new commercial, industrial, and institutional buildings in that geographic area.
Q: Why is this trend relevant for users or analysts?
A: This regional PPI is a key indicator of construction activity and inflationary pressures in the building industry, providing insights into construction cost trends that are useful for economists, policymakers, and industry stakeholders.
Q: How is this data collected or calculated?
A: The PPI is calculated based on surveys of prices paid by contractors for materials, labor, and services used in new nonresidential building construction projects.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this regional PPI to assess the health of the construction sector and forecast changes in building costs, which can inform decisions on economic, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The PPI data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Producer Price Index by Industry: New Nonresidential Building Construction by Region: New Nonresidential Building Construction for Northeast Census Region (PCU2365002365001), retrieved from FRED.