Total Private Construction Spending: Educational in the United States
PREDUCONS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,228.00
Year-over-Year Change
-7.67%
Date Range
1/1/1993 - 6/1/2025
Summary
The Total Private Construction Spending: Educational trend measures the dollar value of new construction put in place for private educational facilities in the United States. It is an important indicator of investment and economic activity in the education 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 series represents the seasonally adjusted, annualized value of private construction spending on educational facilities, such as schools, universities, and other learning institutions. It is a key metric for analyzing investment trends and growth within the private education industry.
Methodology
The data is collected through surveys of construction firms and project owners by the U.S. Census Bureau.
Historical Context
Economists and policymakers use this metric to assess private sector investment and identify potential changes in educational infrastructure.
Key Facts
- The series is reported monthly by the U.S. Census Bureau.
- Educational construction accounts for approximately 10% of total private construction spending.
- Private construction spending on education has grown by over 50% since 2010.
FAQs
Q: What does this economic trend measure?
A: The Total Private Construction Spending: Educational trend measures the dollar value of new construction put in place for private educational facilities in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for analyzing investment and growth trends in the private education sector, which can inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and project owners by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess private sector investment and identify potential changes in educational infrastructure.
Q: Are there update delays or limitations?
A: The series is reported monthly by the U.S. Census Bureau with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Total Private Construction Spending: Educational in the United States (PREDUCONS), retrieved from FRED.