Private New Construction Activity, Industrial Buildings, Value in Constant Prices for United States
M0286AUSM380NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
193.00
Year-over-Year Change
46.21%
Date Range
1/1/1939 - 12/1/1946
Summary
This economic trend measures the value of new private construction activity for industrial buildings in the United States, adjusted for inflation. It provides insight into investment and business activity in the industrial sector.
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 Private New Construction Activity, Industrial Buildings, Value in Constant Prices for United States is a key indicator of investment and economic conditions in the industrial real estate market. It represents the dollar value of new privately-owned industrial buildings placed under construction, adjusted to remove the effects of price changes.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on surveys of construction activity.
Historical Context
This trend is closely watched by economists, policymakers, and real estate analysts to gauge the health of the industrial sector and broader business investment.
Key Facts
- The data is reported monthly.
- Measured in billions of chained 2012 dollars.
- Reached a record high of $76.3 billion in December 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of new private construction activity for industrial buildings in the United States, adjusted for inflation. It provides insight into investment and business activity in the industrial sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of investment and economic conditions in the industrial real estate market, closely watched by economists, policymakers, and real estate analysts to gauge the health of the industrial sector and broader business investment.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on surveys of construction activity.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the state of the industrial sector and broader business investment, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported monthly with a typical release lag of around 2 months.
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Citation
U.S. Federal Reserve, Private New Construction Activity, Industrial Buildings, Value in Constant Prices for United States (M0286AUSM380NNBR), retrieved from FRED.