Quarterly, Seasonally Adjusted

This dataset tracks quarterly, seasonally adjusted over time.

Latest Value

95.99

Year-over-Year Change

-3.45%

Date Range

1/1/2005 - 1/1/2025

Summary

The Quarterly, Seasonally Adjusted trend measures the gross value added by the construction industry in the United States on a quarterly basis. This key economic indicator provides insights into the health and growth of the construction sector, which is a significant contributor to overall 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 Quarterly, Seasonally Adjusted trend represents the inflation-adjusted, seasonally adjusted value added by the construction industry in the U.S. gross domestic product (GDP). It is a widely tracked metric used by economists, policymakers, and industry analysts to assess the performance and trends within the construction sector.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis using national accounts data.

Historical Context

The Quarterly, Seasonally Adjusted trend is closely monitored by the Federal Reserve and other policymakers to inform economic policy decisions and evaluate the state of the construction industry.

Key Facts

  • The construction industry accounts for approximately 4% of U.S. GDP.
  • The Quarterly, Seasonally Adjusted trend reached its highest level in Q4 2020 at $847.6 billion.
  • The construction sector was significantly impacted by the COVID-19 pandemic, with the Quarterly, Seasonally Adjusted trend declining in 2020 before rebounding in 2021.

FAQs

Q: What does this economic trend measure?

A: The Quarterly, Seasonally Adjusted trend measures the inflation-adjusted, seasonally adjusted value added by the construction industry to the U.S. gross domestic product (GDP).

Q: Why is this trend relevant for users or analysts?

A: This trend provides important insights into the health and growth of the construction sector, which is a significant contributor to overall economic activity. It is closely monitored by economists, policymakers, and industry analysts to assess the performance and trends within the construction industry.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using national accounts data.

Q: How is this trend used in economic policy?

A: The Quarterly, Seasonally Adjusted trend is closely monitored by the Federal Reserve and other policymakers to inform economic policy decisions and evaluate the state of the construction industry.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis, with some delay in reporting. There may be revisions to previously published data as more information becomes available.

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Related Trends

Citation

U.S. Federal Reserve, Quarterly, Seasonally Adjusted (IACONSTQQGSP), retrieved from FRED.
Economic Data: Quarterly, Seasonally Adjusted