Public Construction, Federally Owned for United States
A02242USA398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,050.00
Year-over-Year Change
35.86%
Date Range
1/1/1915 - 1/1/1963
Summary
The 'Public Construction, Federally Owned for United States' series tracks investment in federal construction projects, providing insight into government infrastructure spending and 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
This economic indicator measures the value of construction work put in place for publicly owned federal buildings and other structures. It is a key metric for analyzing government investment and the state of the construction industry.
Methodology
The data is collected through surveys of construction companies and government agencies.
Historical Context
Policymakers and economists use this indicator to gauge the federal government's role in driving construction activity and overall economic growth.
Key Facts
- Federally owned public construction accounts for around 10% of total U.S. construction spending.
- Trends in this indicator can signal changes in government priorities and fiscal policy.
- The data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the value of construction work put in place for publicly owned federal buildings, highways, and other infrastructure projects.
Q: Why is this trend relevant for users or analysts?
A: Monitoring federal construction spending provides insights into government investment priorities and can signal changes in fiscal policy and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction companies and government agencies by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this indicator to gauge the federal government's role in driving construction activity and supporting overall economic growth.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Public Construction, Federally Owned for United States (A02242USA398NNBR), retrieved from FRED.