Federal-Aid Roads Under Construction for United States
M02H4AUSM375NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,046.00
Year-over-Year Change
-8.49%
Date Range
1/1/1922 - 12/1/1926
Summary
This economic indicator tracks the total mileage of federal-aid roads under construction in the United States. It provides insights into infrastructure investment and 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 Federal-Aid Roads Under Construction for United States measure represents the total number of miles of federal-aid roads that are currently under active construction in the country. This metric is used by economists and policymakers to gauge the pace of infrastructure development and investment.
Methodology
The data is collected by the U.S. Federal Highway Administration through surveys of state transportation departments.
Historical Context
This trend is closely monitored by government agencies, construction firms, and economic analysts to assess the health of the U.S. transportation sector.
Key Facts
- The U.S. has over 4 million miles of public roads.
- Federal-aid roads account for about 25% of total U.S. road mileage.
- Road construction is a leading indicator of economic activity.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total mileage of federal-aid roads that are currently under active construction in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the pace of infrastructure investment and development, which is a key driver of economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Highway Administration through surveys of state transportation departments.
Q: How is this trend used in economic policy?
A: Government agencies, construction firms, and economic analysts closely monitor this trend to assess the health of the U.S. transportation sector and inform infrastructure investment decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, but there may be some delays in reporting from state transportation departments.
Related Trends
Number of New Private Nonfarm Housing Units Started for United States
A0261AUSA610NNBR
Tonnage of Vessels Under Construction for France
Q02101FRQ561NNBR
Private Nonfarm Nonresidential Building (Constant Dollars) for United States
M0284AUSM380NNBR
Net Increase in Building Lots for Pittsburgh, PA
A02069US38300A482NNBR
Increases in Railroad Mileage Operated, All Railroads, (Main Systems, Industrial and Local Railways) for France
A02F6AFRA364NNBR
Private Nonfarm Housekeeping Residential Buildings for United States
M0204AUSM398NNBR
Citation
U.S. Federal Reserve, Federal-Aid Roads Under Construction for United States (M02H4AUSM375NNBR), retrieved from FRED.