Producer Price Index by Industry: New Nonresidential Building Construction by Contractor Type/Region: Poured Concrete Foundation and Structure Contractors for Midwest Census Region
PCU2364002364002243 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
162.65
Year-over-Year Change
1.00%
Date Range
2/1/2014 - 6/1/2025
Summary
The Producer Price Index (PPI) for Poured Concrete Foundation and Structure Contractors in the Midwest Census Region measures changes in prices received by this industry over time. This indicator provides important insights into construction costs and inflationary pressures in the Midwest.
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 PPI for Poured Concrete Foundation and Structure Contractors in the Midwest is a key measure of prices in the nonresidential construction industry. It tracks how the costs faced by contractors in this specialized field have changed, which is vital information for developers, policymakers, and economic analysts.
Methodology
The data is collected through surveys of producers in the Midwest's poured concrete foundation and structure contractor industry.
Historical Context
This PPI helps inform decisions around construction budgets, lending, and infrastructure investment in the Midwest.
Key Facts
- Covers prices for poured concrete foundation and structure contractors in the Midwest.
- Tracks changes in costs faced by this specialized construction industry.
- Provides insight into inflationary pressures in the Midwest nonresidential building sector.
FAQs
Q: What does this economic trend measure?
A: This economic indicator measures changes in the prices received by poured concrete foundation and structure contractors in the Midwest Census Region over time.
Q: Why is this trend relevant for users or analysts?
A: This PPI provides important insights into construction costs and inflationary pressures in the Midwest, which is vital information for developers, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers in the Midwest's poured concrete foundation and structure contractor industry.
Q: How is this trend used in economic policy?
A: This PPI helps inform decisions around construction budgets, lending, and infrastructure investment in the Midwest.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Producer Price Index by Industry: New Nonresidential Building Construction by Contractor Type/Region: Poured Concrete Foundation and Structure Contractors for Midwest Census Region (PCU2364002364002243), retrieved from FRED.