Millions of Dollars, Not Seasonally Adjusted
This dataset tracks millions of dollars, not seasonally adjusted over time.
Latest Value
14535.00
Year-over-Year Change
3.39%
Date Range
1/1/2002 - 6/1/2025
Summary
The 'Millions of Dollars, Not Seasonally Adjusted' trend measures the total value of highway construction put in place in the United States. This metric is a key indicator of infrastructure investment and economic activity.
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 estimated dollar value of construction work done for highways and streets, including roads, bridges, and related infrastructure. It is a widely tracked indicator for assessing the health of the construction industry and broader economic conditions.
Methodology
The data is collected through surveys of construction firms and government agencies.
Historical Context
Highway construction is a major area of policy focus for economic stimulus and infrastructure modernization efforts.
Key Facts
- Highway construction spending totaled over $105 billion in 2021.
- Public sector funding accounts for the majority of highway construction activity.
- The trend has exhibited volatility during periods of economic recession and recovery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of construction work done for highways, streets, roads, and related infrastructure in the United States.
Q: Why is this trend relevant for users or analysts?
A: Highway construction is a key indicator of infrastructure investment and economic activity, making it a closely watched metric for economists, policymakers, and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and government agencies.
Q: How is this trend used in economic policy?
A: Highway construction is a major area of focus for economic stimulus and infrastructure modernization efforts, as it directly impacts job creation, business investment, and overall economic growth.
Q: Are there update delays or limitations?
A: The data is reported monthly, but may be subject to revisions and can exhibit volatility during periods of economic recession and recovery.
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Citation
U.S. Federal Reserve, Millions of Dollars, Not Seasonally Adjusted (TLHWYCON), retrieved from FRED.