Total Construction Spending: Communication in the United States
TLCMUCONS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,473.00
Year-over-Year Change
-0.22%
Date Range
1/1/2002 - 6/1/2025
Summary
This economic trend measures total construction spending on communication projects in the United States. It is an important indicator of investment and economic activity in the telecommunications and information technology sectors.
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 total construction spending on communication metric tracks expenditures on buildings, structures, and infrastructure related to the communication industry. This data provides insights into capital investment and infrastructure development for telecommunications, internet, and other communication services.
Methodology
The data is collected through surveys of construction project owners and contractors by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this trend to assess the health and outlook of the communication sector and broader technology industry.
Key Facts
- Communication construction spending reached a record high of $32.7 billion in 2019.
- Investment in 5G network infrastructure is a major driver of recent growth in communication construction.
- The communication construction sector accounts for approximately 4% of total construction spending in the U.S.
FAQs
Q: What does this economic trend measure?
A: This metric tracks total construction spending on buildings, structures, and infrastructure related to the communication industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into capital investment and infrastructure development for the telecommunications, internet, and other communication services sectors, which are crucial for economic growth and technological progress.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction project owners and contractors by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the health and outlook of the communication sector and broader technology industry, which can inform policy decisions and economic forecasts.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Census Bureau, with a typical 1-2 month delay between the reference period and publication.
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Citation
U.S. Federal Reserve, Total Construction Spending: Communication in the United States (TLCMUCONS), retrieved from FRED.