Total Construction Spending: Total Construction in the United States
TTLCONS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,136,210.00
Year-over-Year Change
-2.89%
Date Range
1/1/1993 - 6/1/2025
Summary
Total Construction Spending measures the total value of all construction activity in the United States. It is a key economic indicator used to assess the health and direction of the construction industry.
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
Total Construction Spending tracks the total dollar value of public and private construction projects, including residential, non-residential, and infrastructure construction. It is a broad measure of construction activity that provides insight into economic growth, investment, and sector-specific trends.
Methodology
The data is collected and calculated monthly by the U.S. Census Bureau based on surveys of construction companies and project owners.
Historical Context
Total Construction Spending is closely monitored by policymakers, economists, and market analysts to gauge overall economic conditions and guide decision-making.
Key Facts
- Construction spending accounts for over 4% of U.S. GDP.
- Residential construction makes up about 60% of total construction spending.
- Construction activity is a leading indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: Total Construction Spending measures the total value of all construction projects, both public and private, in the United States.
Q: Why is this trend relevant for users or analysts?
A: Total Construction Spending is a key indicator of economic health and investment, providing insight into broader economic conditions and construction industry performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated monthly by the U.S. Census Bureau based on surveys of construction companies and project owners.
Q: How is this trend used in economic policy?
A: Total Construction Spending is closely monitored by policymakers, economists, and market analysts to gauge overall economic conditions and guide decision-making.
Q: Are there update delays or limitations?
A: The data is released monthly by the Census Bureau with a typical 1-2 month delay.
Related Trends
Total Private Construction Spending: Commercial in the United States
PRCOMCONS
Total Construction Spending: Sewage and Waste Disposal in the United States
TLSWDCONS
Total Public Construction Spending: Total Construction in the United States
TLPBLCONS
Total Construction Spending: Lodging in the United States
TLLODGCONS
Total Private Construction Spending: Office in the United States
PROFCONS
Total Construction Spending: Amusement and Recreation in the United States
TLAMUSCONS
Citation
U.S. Federal Reserve, Total Construction Spending (TTLCONS), retrieved from FRED.