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Index 2015=100, Annual
CCUSMA02CAA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.56
Year-over-Year Change
36.42%
Date Range
1/1/1960 - 1/1/2023
Summary
The 'Index 2015=100, Annual' measures changes in construction costs for commercial buildings in the United States on an annual basis. This trend is closely watched by economists and policymakers to gauge the health of the commercial real estate sector.
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 index tracks changes in the cost of materials, labor, and other inputs used in the construction of commercial buildings across the United States. It provides a broad measure of inflationary pressures in the commercial construction industry and is a leading indicator of broader economic conditions.
Methodology
The data is collected through surveys of construction companies and compiled by the U.S. Federal Reserve.
Historical Context
Policymakers and market analysts use this index to assess the state of the commercial real estate market and make informed decisions.
Key Facts
- The index is benchmarked to 2015 as the base year.
- Annual changes in the index reflect broad trends in the commercial construction sector.
- The index is a leading indicator of economic conditions and investment activity.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Annual' measures changes in the costs of materials, labor, and other inputs used in the construction of commercial buildings in the United States on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This index is closely watched by economists and policymakers as it provides insights into the health of the commercial real estate sector and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction companies and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this index to assess the state of the commercial real estate market and make informed decisions about economic policy and investment strategies.
Q: Are there update delays or limitations?
A: The index is published annually, and there may be some delays in the release of the latest data.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (CCUSMA02CAA661N), retrieved from FRED.