Total Public Construction Spending: Highway and Street in the United States
Millions of Dollars, Not Seasonally Adjusted
PBHWYCON • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,458.00
Year-over-Year Change
3.66%
Date Range
1/1/2002 - 6/1/2025
Summary
This economic trend measures the total current-dollar value of goods and services purchased by consumers in the United States, excluding seasonal adjustments. It provides insights into consumer spending patterns, a key indicator of economic health.
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 Millions of Dollars, Not Seasonally Adjusted trend represents personal consumption expenditures (PCE), a comprehensive measure of consumer spending on durable goods, nondurable goods, and services. It is a widely followed economic indicator used to gauge consumer demand and overall economic activity.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is closely monitored by policymakers, analysts, and economists to assess the strength of the consumer sector and inform economic policy decisions.
Key Facts
- PCE accounts for over two-thirds of U.S. GDP.
- Consumer spending has been a key driver of economic growth.
- The trend is published monthly by the Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total current-dollar value of goods and services purchased by consumers in the United States, excluding seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: PCE is a widely followed economic indicator used to gauge consumer demand and overall economic activity. It provides insights into consumer spending patterns, a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, analysts, and economists to assess the strength of the consumer sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The trend is published monthly by the Bureau of Economic Analysis, with minimal publication delays.
Related Trends
Total Construction Spending: Lodging in the United States
TLLODGCONS
Total Construction Spending: Office in the United States
TLOFCONS
Total Private Construction Spending: Amusement and Recreation in the United States
PRAMUSCONS
Total Construction Spending: Conservation and Development in the United States
TLCADCONS
Total Private Construction Spending: Religious in the United States
PRRELCONS
Total Private Construction Spending: Nonresidential in the United States
PNRESCONS
Citation
U.S. Federal Reserve, Millions of Dollars, Not Seasonally Adjusted (PBHWYCON), retrieved from FRED.