Output of Construction Materials for Domestic Consumption Value in Constant Prices for United States
A02233USA231NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,826.90
Year-over-Year Change
-12.61%
Date Range
1/1/1869 - 1/1/1919
Summary
This economic indicator measures the real value of construction materials produced for domestic consumption in the United States. It serves as a key barometer for the construction industry 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 Output of Construction Materials for Domestic Consumption Value in Constant Prices tracks the total real dollar value of construction-related goods manufactured and consumed within the United States. It is an important leading indicator for the construction sector and broader economic trends.
Methodology
The data is collected and reported monthly by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts monitor this metric to gauge the health of the construction industry and make informed decisions regarding economic and infrastructure policies.
Key Facts
- The series is published monthly by the Federal Reserve.
- Construction materials account for a significant portion of total industrial production.
- This metric helps track the health of the construction sector and broader economy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the real dollar value of construction materials produced for domestic consumption in the United States.
Q: Why is this trend relevant for users or analysts?
A: It serves as an important leading indicator for the construction industry and overall economic activity, providing insights for policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to gauge the health of the construction industry and make informed decisions regarding economic and infrastructure policies.
Q: Are there update delays or limitations?
A: The series is published monthly with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Output of Construction Materials for Domestic Consumption Value in Constant Prices for United States (A02233USA231NNBR), retrieved from FRED.