Public Residential Buildings, Value of New Construction Put in Place (Constant Dollars) for United States
M0276BUSM382SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
693.00
Year-over-Year Change
-12.28%
Date Range
1/1/1946 - 12/1/1963
Summary
This economic indicator tracks the value of new public residential construction projects in the United States, adjusted for inflation. It provides insights into government investment and infrastructure development trends.
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 Public Residential Buildings, Value of New Construction Put in Place (Constant Dollars) for United States measure captures the value of new residential building projects initiated by government entities. This metric is used by economists and policymakers to assess public investment, housing supply, and infrastructure development.
Methodology
The data is collected by the U.S. Census Bureau through surveys of construction companies and government agencies.
Historical Context
This trend is relevant for analyzing government fiscal policy, housing markets, and public infrastructure investment.
Key Facts
- Public residential construction accounts for a small portion of total construction activity.
- This metric has declined significantly since the 2008 financial crisis.
- Trends in public residential construction can signal changes in government priorities.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the inflation-adjusted value of new public residential construction projects in the United States, providing insights into government investment in housing and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding government fiscal policy, housing market conditions, and public infrastructure development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of construction companies and government agencies.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess government investment priorities, housing supply, and the state of public infrastructure.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Public Residential Buildings, Value of New Construction Put in Place (Constant Dollars) for United States (M0276BUSM382SNBR), retrieved from FRED.