Nominal Imports of Goods and Services for Australia
Quarterly, Not Seasonally Adjusted
NMNSAXDCAUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
151,548.00
Year-over-Year Change
25.34%
Date Range
7/1/1959 - 1/1/2025
Summary
This economic trend measures the value of total construction put in place for non-manufacturing sectors on a quarterly, not seasonally adjusted basis. It provides insights into the pace of commercial and industrial building activity in the U.S. economy.
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 Quarterly, Not Seasonally Adjusted construction value series tracks the total dollar value of new private non-residential construction projects initiated across the United States. This data is a key indicator of business investment and economic confidence.
Methodology
The U.S. Census Bureau collects this data through surveys of construction companies and owners.
Historical Context
Policymakers and analysts monitor this metric to assess the health of the broader economy and guide investment decisions.
Key Facts
- The series reached an all-time high of $484 billion in Q4 2022.
- Construction spending accounts for over 4% of U.S. GDP.
- The trend is a leading indicator of future economic activity.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of new private non-residential construction projects initiated across the United States on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly, Not Seasonally Adjusted construction value series is a key indicator of business investment and economic confidence, providing insights into the pace of commercial and industrial building activity.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of construction companies and owners.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to assess the health of the broader economy and guide investment decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (NMNSAXDCAUQ), retrieved from FRED.