Private Commercial, Industrial, and Public Utility Construction for United States
Annual
A0266AUSA398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,216.00
Year-over-Year Change
511.01%
Date Range
1/1/1920 - 1/1/1946
Summary
The Annual trend measures the average annual output of non-farm businesses in the United States. It is a key indicator of overall economic productivity and performance.
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 metric represents the year-over-year change in the output per hour of all persons in the non-farm business sector. This provides insight into how efficiently the U.S. economy is utilizing its labor resources.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses and households.
Historical Context
Policymakers and analysts closely monitor the Annual trend to assess the economy's growth potential and make informed decisions.
Key Facts
- The Annual trend reached a high of 3.8% in 2021.
- Productivity growth is a key driver of long-term economic expansion.
- Improving productivity is a central goal of many economic policies.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year change in output per hour for the U.S. non-farm business sector, providing insight into labor productivity.
Q: Why is this trend relevant for users or analysts?
A: The Annual metric is a crucial indicator of an economy's efficiency and growth potential, making it highly relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses and households.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor the Annual trend to assess the economy's growth potential and make informed decisions about fiscal, monetary, and regulatory policies.
Q: Are there update delays or limitations?
A: The Annual data is released quarterly by the Bureau of Labor Statistics, with a short delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Annual (A0266AUSA398NNBR), retrieved from FRED.