Gross Domestic Product: Construction (23) in Arkansas
Quarterly, Seasonally Adjusted Annual Rate
ARCONSTNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,343.20
Year-over-Year Change
30.63%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (ARCONSTNQGSP) measures the annualized change in real gross private domestic investment, a key indicator of economic growth and business confidence.
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 trend represents the seasonally adjusted, annualized rate of change in real gross private domestic investment, which captures business and consumer spending on durable goods, structures, and intellectual property. It is a closely watched metric for assessing the overall health of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of businesses and consumers.
Historical Context
Policymakers and analysts closely monitor this trend to gauge economic momentum and inform decisions around monetary and fiscal policy.
Key Facts
- The trend measures the annualized change in real gross private domestic investment.
- It is a key indicator of economic growth and business confidence.
- The data is collected and calculated by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annualized change in real gross private domestic investment, which captures business and consumer spending on durable goods, structures, and intellectual property.
Q: Why is this trend relevant for users or analysts?
A: This trend is a closely watched metric for assessing the overall health of the U.S. economy, as it provides insights into economic growth and business confidence.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of businesses and consumers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to gauge economic momentum and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is subject to regular updates and revisions by the U.S. Bureau of Economic Analysis.
Related Trends
Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Arkansas
EMISSCO2VNGICBARA
Coefficient for Commercial Carbon Dioxide Emissions, Motor Gasoline for Arkansas
EMISSCO2CMGCCBARA
Information Wages and Salaries in Arkansas
ARWINF
Number of Identified Exporters to Denmark from Arkansas
ARDNKA475SCEN
Chain-Type Quantity Index for Real GDP: Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523) in Arkansas
ARSECCOMINVQGSP
All Employees: Goods Producing in Arkansas
SMU05000000600000001
Citation
U.S. Bureau of Economic Analysis, Quarterly, Seasonally Adjusted Annual Rate (ARCONSTNQGSP), retrieved from FRED.