Real Private Sector, Changes in Inventories for Canada
Quarterly, Seasonally Adjusted
NINVPRSAXDCCAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
674.50
Year-over-Year Change
-91.35%
Date Range
1/1/1961 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the value of new private nonresidential construction put in place, which is a key indicator of business investment and economic activity.
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
This economic series tracks the total dollar value of new construction projects for commercial, industrial, and other nonresidential buildings on a quarterly basis. It is an important metric for analyzing trends in business investment and infrastructure development.
Methodology
The data is collected through surveys by the U.S. Census Bureau.
Historical Context
This metric is closely watched by economists and policymakers to gauge the health of the broader economy.
Key Facts
- The series has been tracked since 1993.
- It reached a record high of $479.4 billion in Q4 2022.
- Construction of manufacturing facilities is a major component.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of new private nonresidential construction projects put in place on a quarterly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into business investment and the overall health of the economy, as increased construction activity often signals growing confidence and expansion.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this series to gauge the strength of the broader economy and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of one to two months after the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (NINVPRSAXDCCAQ), retrieved from FRED.