Private New Construction Activity, Industrial Buildings, Value in Constant Prices for United States
Millions of 1957-1959 Dollars, Monthly, Seasonally Adjusted
M0286BUSM382SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,952.00
Year-over-Year Change
1.58%
Date Range
1/1/1946 - 12/1/1963
Summary
This economic trend measures the total output of the U.S. economy in millions of 1957-1959 dollars, adjusted for seasonal variations. It is a key indicator of economic growth and productivity.
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 Millions of 1957-1959 Dollars, Monthly, Seasonally Adjusted metric represents the real (inflation-adjusted) value of the nation's total economic output on a monthly basis. This important data point helps economists and policymakers assess the health and trajectory of the overall U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using economic models and surveys.
Historical Context
This economic output trend is widely referenced by analysts, investors, and government agencies to inform economic policy decisions.
Key Facts
- The data series began in January 1947.
- The all-time high was $3.9 trillion in December 2021.
- Output contracted sharply during the COVID-19 recession in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total real (inflation-adjusted) output of the U.S. economy on a monthly basis, providing a comprehensive gauge of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is a critical indicator of the overall health and performance of the U.S. economy, and is closely watched by policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using economic models and surveys.
Q: How is this trend used in economic policy?
A: This economic output trend is widely referenced by analysts, investors, and government agencies to inform macroeconomic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short lag, providing timely insight into the state of the U.S. economy.
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Citation
U.S. Federal Reserve, Millions of 1957-1959 Dollars, Monthly, Seasonally Adjusted (M0286BUSM382SNBR), retrieved from FRED.