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Net Nonfarm Residential Construction (Constant Dollars) for United States

1955: 4,367 Millions of 1929 Dollars  
Annual, Not Seasonally Adjusted, A02210USA379NNBR, Updated: 2012-08-16 11:37 AM CDT
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Net Nonfarm Residential Construction Is Obtained By Subtracting Capital Consumption, Including Depreciation And Demolition, From Gross Construction. The Depreciation And Demolition Figures For 1889- 1953, Published In Grebler, Blank, And Winnick,"Capital Formation And Real Estate," Table E-2, Pp. 384-385, And Explained In Appendix E Of That Book, Were Extended To 1955 By Kuznets Following The Same Methods. For Further Information See The Source Works Cited Above, Introductory Notes On Kuznets Data, And Lipsey And Preston, P. 254. Source: Simon Kuznets, "Capital In The American Economy: Its Formation And Financing, " (Princeton University Press For NBER, 1961)

This NBER data series a02210 appears on the NBER website in Chapter 2 at

NBER Indicator: a02210

Source: National Bureau of Economic Research

Release: NBER Macrohistory Database

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Suggested Citation
National Bureau of Economic Research, Net Nonfarm Residential Construction (Constant Dollars) for United States [A02210USA379NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis, February 5, 2016.

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