Total Construction Spending: Manufacturing in the United States
This dataset tracks total construction spending: manufacturing in the united states over time.
Latest Value
225814.00
Year-over-Year Change
-5.95%
Date Range
1/1/2002 - 6/1/2025
Summary
The Total Construction Spending: Manufacturing in the United States metric tracks the value of construction projects in the manufacturing sector, providing insight into 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 indicator represents the total dollar value of construction projects for manufacturing facilities, including factories, warehouses, and other industrial buildings. It is a key statistic for analyzing capital investment and the health of the manufacturing industry.
Methodology
The data is collected by the U.S. Census Bureau through surveys of construction firms and project owners.
Historical Context
This metric is widely used by economists, policymakers, and industry analysts to gauge the strength of the manufacturing sector and broader economic conditions.
Key Facts
- Manufacturing accounts for over 11% of U.S. GDP.
- Construction spending on manufacturing facilities was over $100 billion in 2021.
- The manufacturing sector experienced a downturn during the COVID-19 pandemic but has since recovered.
FAQs
Q: What does this economic trend measure?
A: The Total Construction Spending: Manufacturing in the United States metric tracks the total dollar value of construction projects for manufacturing facilities, including factories, warehouses, and other industrial buildings.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into capital investment and the health of the manufacturing industry, which is a crucial sector of the U.S. economy. It is widely used by economists, policymakers, and industry analysts to gauge economic conditions.
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 analysts use this metric to assess the strength of the manufacturing sector and make informed decisions regarding economic policy, infrastructure investment, and support for the industrial base.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Total Construction Spending: Manufacturing in the United States (TLMFGCONS), retrieved from FRED.