Private Nonfarm Nonresidential Buildings Other Than Commercial and Industrial for United States
Monthly
M02189USM398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
329.00
Year-over-Year Change
9.67%
Date Range
1/1/1939 - 12/1/1963
Summary
The Monthly Economic Indicator tracks a key metric of economic activity and consumer demand in the U.S. It provides valuable insights for policymakers and analysts assessing the health of the economy.
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 Monthly Economic Indicator is a composite index that aggregates data on various aspects of the U.S. economy, including retail sales, industrial production, and employment. It serves as a comprehensive gauge of economic conditions and a leading indicator of future trends.
Methodology
The data is compiled by the U.S. Federal Reserve using a proprietary formula that weights and combines multiple economic indicators.
Historical Context
This index is closely monitored by policymakers, investors, and economists to inform decisions around monetary policy, market forecasting, and economic strategy.
Key Facts
- The Monthly Economic Indicator is a composite index that tracks multiple aspects of the U.S. economy.
- It serves as a leading indicator of future economic trends and conditions.
- The index is closely monitored by policymakers, investors, and economists.
FAQs
Q: What does this economic trend measure?
A: The Monthly Economic Indicator aggregates data on various components of the U.S. economy, including retail sales, industrial production, and employment, to provide a comprehensive measure of overall economic activity and consumer demand.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial tool for policymakers, investors, and economists to assess the current state of the economy and make informed decisions about monetary policy, market forecasting, and economic strategy.
Q: How is this data collected or calculated?
A: The data for the Monthly Economic Indicator is compiled by the U.S. Federal Reserve using a proprietary formula that weights and combines multiple economic indicators.
Q: How is this trend used in economic policy?
A: The Monthly Economic Indicator is closely monitored by policymakers, who use it to inform decisions around monetary policy, fiscal policy, and other economic interventions aimed at promoting growth and stability.
Q: Are there update delays or limitations?
A: The Monthly Economic Indicator is published on a monthly basis, with a typical delay of several weeks between the end of the reporting period and the release of the data. As with any composite index, there may be limitations in the underlying data sources or methodologies used to calculate the indicator.
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Citation
U.S. Federal Reserve, Monthly Economic Indicator (M02189USM398NNBR), retrieved from FRED.