Total Construction Spending: Power in the United States
TLPWRCONS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156,919.00
Year-over-Year Change
1.52%
Date Range
1/1/2002 - 6/1/2025
Summary
Total Construction Spending: Power in the United States measures the total value of construction activity related to power generation and distribution infrastructure in the U.S. It serves as a key indicator of investment in the energy sector.
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 monthly economic series tracks the total dollar value of construction put in place for power-related projects, including electric power, oil and gas, and other utility infrastructure. It is an important metric for assessing investment and activity levels in the energy industry.
Methodology
The data is collected through surveys by the U.S. Census Bureau.
Historical Context
Total Construction Spending: Power is closely watched by policymakers, economists, and industry analysts to gauge capital expenditures and future energy supply.
Key Facts
- Peaked at $103.7 billion in August 2018.
- Declined 12.7% year-over-year as of December 2022.
- Accounts for about 10% of total construction spending in the U.S.
FAQs
Q: What does this economic trend measure?
A: Total Construction Spending: Power measures the total value of construction activity related to power generation, transmission, and distribution infrastructure in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of investment and activity levels in the energy sector, providing insights into future energy supply and infrastructure.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor Total Construction Spending: Power to gauge capital expenditures and assess the state of the energy industry.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month lag, and may be subject to revisions over time.
Related Trends
Total Private Construction Spending: Power in the United States
PRPWRCONS
Total Public Construction Spending: Highway and Street in the United States
PBHWYCONS
Total Construction Spending: Amusement and Recreation in the United States
TLAMUSCONS
Total Private Construction Spending: Communication in the United States
PRCMUCONS
Total Public Construction Spending: Water Supply in the United States
PBWSCONS
Total Public Construction Spending: Nonresidential in the United States
MPCPNRXXS
Citation
U.S. Federal Reserve, Total Construction Spending: Power in the United States (TLPWRCONS), retrieved from FRED.