International Merchandise Trade Statistics: Trade Balance: Commodities for Colombia
Quarterly, Not Seasonally Adjusted
COLXTNTVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4,293,199,000.00
Year-over-Year Change
-30.19%
Date Range
1/1/1990 - 1/1/2025
Summary
This economic trend measures the quarterly, not seasonally adjusted nominal value of total construction put in place in the United States. It provides insight into the overall health and activity of the construction industry.
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 quarterly, not seasonally adjusted total construction put in place series tracks the total dollar value of construction work done in the U.S. during a given quarter, without adjusting for seasonal factors. It covers a wide range of construction activity, including residential, commercial, and infrastructure projects.
Methodology
The data is collected through surveys of construction firms and government agencies.
Historical Context
This metric is closely watched by economists and policymakers to assess the state of the construction sector and broader economic conditions.
Key Facts
- The construction industry accounts for over 4% of U.S. GDP.
- Residential construction makes up around 60% of total construction spending.
- Public construction projects like infrastructure make up about 25% of the total.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of construction work completed in the United States during a given quarter, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The quarterly, not seasonally adjusted total construction put in place is an important indicator of the health and activity of the construction industry, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and government agencies.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to assess the state of the construction sector and broader economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical delay of 1-2 months after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (COLXTNTVA01CXMLQ), retrieved from FRED.