Total Construction Spending: Public Safety in the United States
TLPSCONS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,279.00
Year-over-Year Change
1.51%
Date Range
1/1/2002 - 6/1/2025
Summary
Total Construction Spending: Public Safety measures the value of new construction projects for public safety facilities in the United States. This economic indicator provides insight into government infrastructure investment and community development.
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 tracks the total dollar value of new public construction projects for police stations, fire stations, correctional facilities, and other public safety-related infrastructure. It is an important metric for evaluating government spending priorities and community investment.
Methodology
The data is collected through surveys of construction firms by the U.S. Census Bureau.
Historical Context
Policymakers and urban planners use this metric to assess public safety infrastructure needs and allocate resources accordingly.
Key Facts
- Public safety construction accounts for around 2% of total U.S. construction spending.
- Investment in public safety infrastructure increased by 7.2% in 2021 compared to the prior year.
- The Northeast region has the highest per capita spending on public safety construction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of new construction projects for public safety facilities like police stations, fire departments, and correctional institutions in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into government priorities and investment in public safety infrastructure, which is crucial for community development and quality of life.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and urban planners use this metric to assess public safety infrastructure needs and allocate resources accordingly.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag, and may not capture all construction projects, particularly smaller-scale initiatives.
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Citation
U.S. Federal Reserve, Total Construction Spending: Public Safety in the United States (TLPSCONS), retrieved from FRED.