Total Private Construction Spending: Power in the United States
PRPWRCON • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,775.00
Year-over-Year Change
3.15%
Date Range
1/1/1993 - 6/1/2025
Summary
The Total Private Construction Spending: Power metric measures the value of new private construction projects related to power generation and distribution in the United States. It is a key indicator of investment activity in the energy infrastructure 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 economic indicator tracks the dollar value of new private construction projects for power facilities, such as power plants, electricity transmission lines, and related infrastructure. It provides insight into private sector investment trends and capital expenditures in the energy industry.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of construction firms and project owners.
Historical Context
This metric is closely watched by policymakers, industry analysts, and investors to gauge private sector activity and investment in the U.S. power sector.
Key Facts
- Power construction accounts for over 10% of total private construction spending.
- Private power project investment has grown by over 50% since 2010.
- The U.S. power grid requires over $100 billion in annual private investment.
FAQs
Q: What does this economic trend measure?
A: The Total Private Construction Spending: Power metric measures the value of new private construction projects related to power generation, transmission, and distribution infrastructure in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into private sector investment and activity in the critical U.S. power infrastructure sector, which is essential for economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of construction firms and project owners.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts closely monitor this metric to gauge the health of private investment in the power sector, which informs decisions around energy policy, infrastructure planning, and economic development.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag, and may be subject to periodic revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Total Private Construction Spending: Power in the United States (PRPWRCON), retrieved from FRED.