Total Private Construction Spending: Amusement and Recreation in the United States
This dataset tracks total private construction spending: amusement and recreation in the united states over time.
Latest Value
19312.00
Year-over-Year Change
0.13%
Date Range
1/1/1993 - 6/1/2025
Summary
Total Private Construction Spending: Amusement and Recreation measures investment in the construction of amusement parks, sports facilities, and other recreational infrastructure. It serves as an important economic indicator for the leisure and entertainment sectors.
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 series tracks the value of construction put in place for private amusement and recreation facilities in the United States. It provides insight into investment trends and can signal shifts in consumer spending and business confidence.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of construction activity.
Historical Context
Economists and policymakers monitor this metric to gauge the health of the leisure industry and broader economic conditions.
Key Facts
- Construction spending on amusement and recreation facilities reached a record high of $26.7 billion in 2019.
- The COVID-19 pandemic led to a 10.3% decline in private amusement and recreation construction in 2020.
- Amusement and recreation construction accounts for approximately 2% of total private construction spending in the U.S.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the value of private construction spending on amusement parks, sports facilities, and other recreational infrastructure in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into investment and construction activity in the leisure and entertainment sectors, which can signal broader economic conditions and consumer spending patterns.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of construction activity.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this metric to gauge the health of the leisure industry and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Total Private Construction Spending: Amusement and Recreation in the United States (PRAMUSCONS), retrieved from FRED.