Business Applications: Total for All NAICS in Indiana
Seasonally Adjusted
BABATOTALSAIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,397.00
Year-over-Year Change
0.01%
Date Range
7/1/2004 - 7/1/2025
Summary
The Seasonally Adjusted series measures the total value of construction put in place, adjusted for seasonal variations. This metric is a key indicator of economic activity and construction industry trends.
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 Seasonally Adjusted construction spending series tracks the total dollar value of construction work done in the United States. It is adjusted to account for typical seasonal patterns, providing a clearer picture of underlying trends.
Methodology
The data is collected through surveys of construction firms and contractors.
Historical Context
This indicator is widely used by economists, policymakers, and industry analysts to assess the health of the construction sector and broader economy.
Key Facts
- Construction spending accounts for about 4% of U.S. GDP.
- Housing construction makes up the largest component, around 40% of total spending.
- Seasonally adjusted data helps identify underlying changes beyond typical seasonal patterns.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures the total value of construction put in place in the U.S., adjusted to remove typical seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the health of the construction industry and broader economic conditions, which is valuable for policymakers, investors, and other stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and contractors, then adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor construction spending as a key indicator of economic activity, and it informs decisions on issues like housing, infrastructure, and monetary policy.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted construction spending data is released monthly by the U.S. Census Bureau, with a typical delay of around 1-2 months.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (BABATOTALSAIN), retrieved from FRED.