Real Non-profit Institutions Serving Households (NPISHs) Final Consumption Expenditure for Russia
Annual
NCPHNRXDCRUA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
830,215.30
Year-over-Year Change
131.38%
Date Range
1/1/2011 - 1/1/2024
Summary
The Annual trend measures the annual change in noncommunity highway and street construction costs in the United States. This metric is crucial for policymakers and industry stakeholders to track infrastructure investment and construction costs.
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 Annual trend represents the year-over-year percentage change in the costs associated with building and maintaining highways, roads, and streets in the U.S. It serves as an important indicator for infrastructure investment and construction activity.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of construction companies.
Historical Context
Policymakers and infrastructure investors use this metric to understand the economic environment for public and private construction projects.
Key Facts
- The Annual trend reached a peak of 10.4% in 2022.
- Infrastructure construction costs have risen significantly due to supply chain issues and labor shortages.
- Monitoring this metric is crucial for budgeting and planning large-scale public works projects.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percentage change in the costs associated with building and maintaining highways, roads, and streets in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for policymakers and industry stakeholders to track infrastructure investment and construction costs, which informs decision-making and budgeting for public works projects.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of construction companies.
Q: How is this trend used in economic policy?
A: Policymakers and infrastructure investors use this metric to understand the economic environment for public and private construction projects, which informs investment decisions and project planning.
Q: Are there update delays or limitations?
A: The Annual trend data is released on a regular schedule by the U.S. Census Bureau, with some potential for minor delays due to data collection and processing.
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Citation
U.S. Federal Reserve, Annual (NCPHNRXDCRUA), retrieved from FRED.