Total Private Construction Spending: Communication in the United States
This dataset tracks total private construction spending: communication in the united states over time.
Latest Value
28584.00
Year-over-Year Change
-0.46%
Date Range
1/1/1993 - 6/1/2025
Summary
Total Private Construction Spending measures investment in new construction projects for communication infrastructure in the United States. It serves as a key indicator of economic activity and investment trends in the communications sector.
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 metric tracks the total dollar value of new private construction projects related to communication facilities, such as data centers, telecommunications networks, and broadcasting infrastructure. It provides insights into the level of private-sector investment and growth within the communications industry.
Methodology
The data is collected through surveys by the U.S. Census Bureau and represents the estimated value of construction work done during the reported period.
Historical Context
Private construction spending in the communications sector is closely monitored by policymakers, industry analysts, and investors to assess the health and outlook of this critical infrastructure.
Key Facts
- Communication construction spending averaged $24 billion annually from 2017-2021.
- Spending peaked at $29 billion in 2019 before declining during the COVID-19 pandemic.
- The communications sector accounts for approximately 8% of total private construction investment in the U.S.
FAQs
Q: What does this economic trend measure?
A: Total Private Construction Spending: Communication measures the total dollar value of new private construction projects related to communication facilities, such as data centers, telecommunications networks, and broadcasting infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the level of private-sector investment and growth within the communications industry, which is a critical component of economic infrastructure and digital transformation.
Q: How is this data collected or calculated?
A: The data is collected through surveys by the U.S. Census Bureau and represents the estimated value of construction work done during the reported period.
Q: How is this trend used in economic policy?
A: Private construction spending in the communications sector is closely monitored by policymakers, industry analysts, and investors to assess the health and outlook of this critical infrastructure, which supports economic growth and competitiveness.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with a typical delay of 1-2 months. While comprehensive, the metric may not capture all private investment in communication infrastructure, as some projects may be classified under different construction categories.
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Citation
U.S. Federal Reserve, Total Private Construction Spending: Communication (PRCMUCONS), retrieved from FRED.