Total Construction Spending: Transportation in the United States
This dataset tracks total construction spending: transportation in the united states over time.
Latest Value
68465.00
Year-over-Year Change
5.62%
Date Range
1/1/2002 - 6/1/2025
Summary
Total Construction Spending: Transportation measures the total value of construction projects related to transportation infrastructure in the United States. It is a key indicator of economic activity and investment in the transportation 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 series tracks the dollar value of public and private construction projects for transportation, including highways, bridges, railroads, airports, and other transit-related structures. It is used by economists and policymakers to assess trends in transportation investment and infrastructure development.
Methodology
The data is collected through surveys of construction firms and government agencies by the U.S. Census Bureau.
Historical Context
Monitoring transportation construction spending provides insight into both public and private investment priorities.
Key Facts
- Transportation construction accounts for over 10% of total U.S. construction spending.
- Highway and street projects make up the largest share of transportation construction.
- Transportation infrastructure investment is closely tied to economic growth and productivity.
FAQs
Q: What does this economic trend measure?
A: Total Construction Spending: Transportation measures the total value of public and private construction projects related to transportation infrastructure in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into investment and development trends in the transportation sector, which is crucial for economic growth, productivity, and the movement of goods and people.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and government agencies by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Tracking transportation construction spending is important for policymakers and economists to assess infrastructure investment priorities and the overall health of the transportation sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Total Construction Spending: Transportation in the United States (TLTRANSCONS), retrieved from FRED.