Expenses for Drafting, Building Inspection, and Mapping Services, All Establishments, Employer Firms
This dataset tracks expenses for drafting, building inspection, and mapping services, all establishments, employer firms over time.
Latest Value
12896.00
Year-over-Year Change
46.68%
Date Range
1/1/2003 - 1/1/2022
Summary
This economic trend measures the expenses for drafting, building inspection, and mapping services across all U.S. employer firms. It provides insights into the level of construction and infrastructure-related economic activity.
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 Expenses for Drafting, Building Inspection, and Mapping Services trend represents the total expenses incurred by U.S. establishments in these supporting professional services. This metric is a useful indicator of construction and development activity within the broader economy.
Methodology
The data is collected through surveys of U.S. employer firms across all industries.
Historical Context
This trend is monitored by policymakers, economists, and real estate analysts to gauge the health of the construction and infrastructure sectors.
Key Facts
- Tracked by the U.S. Federal Reserve as an economic indicator.
- Provides insights into the construction and infrastructure sectors.
- Measured through surveys of U.S. employer firms across all industries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total expenses incurred by U.S. establishments for drafting, building inspection, and mapping services, providing insights into construction and infrastructure-related economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, economists, and real estate analysts as it serves as an indicator of the health and activity in the construction and infrastructure sectors of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. employer firms across all industries.
Q: How is this trend used in economic policy?
A: This trend is monitored by policymakers, economists, and real estate analysts to gauge the level of construction and infrastructure-related economic activity, which can inform policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is subject to the survey collection and processing timelines of the U.S. Federal Reserve, which may result in some delay in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Expenses for Drafting, Building Inspection, and Mapping Services, All Establishments, Employer Firms (DBIAMSEAEEF35413X), retrieved from FRED.