Total Private Construction Spending: Power in the United States

This dataset tracks total private construction spending: power in the united states over time.

Latest Value

139689.00

Year-over-Year Change

2.75%

Date Range

1/1/1993 - 6/1/2025

Summary

Total Private Construction Spending: Power tracks investment in the construction of power infrastructure, such as power plants and electric transmission lines, by private entities in the United States. This metric provides insight into the health of the private power construction 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

The Total Private Construction Spending: Power series measures the dollar value of new private power construction projects, including power plants, electricity transmission and distribution facilities, and other energy infrastructure. It serves as an important indicator of private investment in the U.S. power generation and distribution system.

Methodology

Data is collected through surveys of construction companies and project owners by the U.S. Census Bureau.

Historical Context

This metric is closely watched by policymakers, utilities, and energy industry analysts to gauge the level of private investment in domestic power infrastructure.

Key Facts

  • Power construction accounts for around 10% of total private construction spending.
  • Private power construction spending reached a peak of $110 billion in 2008.
  • The series has shown volatility amid changes in energy policy and investment cycles.

FAQs

Q: What does this economic trend measure?

A: The Total Private Construction Spending: Power metric tracks investment by private entities in the construction of power plants, electricity transmission lines, and other energy infrastructure projects in the United States.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides insight into the health and direction of private investment in the U.S. power sector, which is crucial for understanding energy market dynamics and the adequacy of the nation's power grid.

Q: How is this data collected or calculated?

A: The data is collected through surveys of construction companies and project owners by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers, utilities, and energy industry analysts closely monitor this metric to gauge the level of private investment in domestic power infrastructure, which informs decisions around energy policy, grid modernization, and electricity market regulation.

Q: Are there update delays or limitations?

A: The data is published monthly with a lag of approximately two months, and may be subject to revisions over time. The series does not capture all private power construction activity, as some projects may not be reported.

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Related Trends

Citation

U.S. Federal Reserve, Total Private Construction Spending: Power in the United States (PRPWRCONS), retrieved from FRED.