Private New Construction Activity, Commercial Buildings for United States
Annual
A02187USA398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,200.00
Year-over-Year Change
247.13%
Date Range
1/1/1920 - 1/1/1963
Summary
The 'Annual' economic trend measures the total number of retail and food service sales in the United States over a 12-month period. This metric is a key indicator of consumer spending and overall economic activity.
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 'Annual' trend represents the sum of monthly retail and food service sales, providing a comprehensive view of consumer behavior and sentiment across the U.S. economy. This data is widely used by economists, policymakers, and market analysts to assess macroeconomic conditions and consumer demand.
Methodology
The data is collected through monthly surveys of a representative sample of retail and food service establishments.
Historical Context
The 'Annual' trend is a critical input for monitoring economic growth, consumer confidence, and the overall health of the U.S. economy.
Key Facts
- The 'Annual' trend reached a record high of $6.7 trillion in 2021.
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- The 'Annual' data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The 'Annual' trend measures the total value of retail and food service sales in the United States over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The 'Annual' trend is a key indicator of consumer spending and overall economic activity, making it crucial for assessing the health and growth of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a representative sample of retail and food service establishments across the United States.
Q: How is this trend used in economic policy?
A: The 'Annual' trend is closely monitored by policymakers, economists, and market analysts to gauge consumer confidence, make informed decisions, and develop policies that support economic growth.
Q: Are there update delays or limitations?
A: The 'Annual' data is released monthly by the U.S. Census Bureau, with a typical delay of 4-6 weeks from the end of the reporting period.
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Citation
U.S. Federal Reserve, Annual (A02187USA398NNBR), retrieved from FRED.