Total Public Construction Spending: Educational in the United States
This dataset tracks total public construction spending: educational in the united states over time.
Latest Value
112731.00
Year-over-Year Change
1.63%
Date Range
1/1/2002 - 6/1/2025
Summary
The 'Total Public Construction Spending: Educational' trend measures the total value of construction projects for educational facilities funded by state and local governments in the United States. This metric is a key indicator of public investment in education infrastructure.
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 indicator tracks the dollar value of construction put in place for public schools, universities, and other educational buildings. It is used by economists and policymakers to assess government priorities and long-term trends in educational infrastructure funding.
Methodology
The data is collected through surveys of construction firms and government agencies by the U.S. Census Bureau.
Historical Context
Trends in public educational construction spending provide insights into government budgets and priorities around education.
Key Facts
- Educational construction accounts for over 10% of total public construction spending.
- Public educational construction has declined since the 2008 recession.
- K-12 school construction makes up the majority of educational infrastructure investment.
FAQs
Q: What does this economic trend measure?
A: The 'Total Public Construction Spending: Educational' metric tracks the dollar value of new construction and renovations for public schools, universities, and other educational facilities.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into government priorities and funding for educational infrastructure, which is crucial for the development of human capital and economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and government agencies by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in public educational construction spending are used by economists, policymakers, and institutions to assess government budgets and priorities around education investment.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag, and may not capture all construction activity, especially for smaller projects.
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Citation
U.S. Federal Reserve, Total Public Construction Spending: Educational in the United States (PBEDUCONS), retrieved from FRED.