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Tag: construction spending
Business
U.S. construction spending up 0.1% in Aug. on nonresidential gains
Though decreases in spending on residential projects restricted growth, gains from the nonresidential side powered the construction industry in August.
October 5, 2018
Business
Construction spending up 0.1% in July
July sees construction spending grow slightly in July. Growth in residential wiped out increases by a decline in nonresidential. Click for details.
September 4, 2018
Business
Construction spending falls 1.1% in June but first half of 2018 shows “healthy increase”
Though construction spending saw a slight drop in June, the first half of 2018 is up 5.1% compared to the first half of 2017. Learn more on Equipment World.
August 2, 2018
Business
U.S construction spending reaches all-time high on strength of residential projects, public spending
Despite the record rate in spending, Simonson warns of the potential for rising material costs, due in part to the Trump administration's new tariffs.
July 3, 2018
Business
Construction spending up 1.8% in April on multi-family housing strength
Total spending on construction projects in the U.S. rose 1.8 percent during the month of April, according to the latest Commerce Department data.
June 4, 2018
Dealers
Business roundup: Nikola sues Tesla for patent infringement; Terex Utilities building new plant; ASV adds RGW Equipment of Calif.; Barko adds Morin Diesel; Construction spending dips 1.7%
Drop in residential brings down U.S. construction spending 1.7% Spending on construction in the United States fell 1.7 percent in March to a seasonally adjusted annual rate of $1.284 trillion, according to data from the Commerce Department. Despite the monthly drop, U.S. construction spending remained up 3.6 percent over the March 2017 rate. The main […]
May 7, 2018
Business
Drop in residential brings down U.S. construction spending 1.7%
Spending on construction in the United States fell 1.7 percent in March to a seasonally adjusted annual rate of $1.284 trillion, according to data from the Commerce Department. Despite the monthly drop, U.S. construction spending remained up 3.6 percent over the March 2017 rate. The main contributor to the overall drop in spending was a […]
May 2, 2018
Business
Dip in government holds back private jump as U.S. construction spending ticks up 0.1% in Feb.
U.S. spending on construction projects was barely better than flat in February as a big gain in private spending was nearly completely offset by a dip in government spending. Total spending reached a seasonally adjusted annual rate of $1.273 trillion in February and is up 3 percent over February 2017. Private spending rose by 0.7 […]
April 2, 2018
Dealers
CCI: More contractors plan to buy equipment as confidence continues
The commercial construction industry has continued its optimism from 2017 into 2018, with increases in new business prospects, rising revenue forecasts and steady backlogs, according to the Commercial Construction Index. And for the third consecutive quarter, a higher percentage of contractors report that they expect to spend more on tools and equipment in the next […]
March 8, 2018
Business
Construction spending flat in Jan. as nonresidential wipes out housing gains
U.S. construction spending was flat in January as a dip in nonresidential spending wiped out a slight increase from home construction. At a seasonally adjusted annual rate of $1.26 trillion, total U.S. construction spending remains 3.2 percent above the January 2017 rate, according to the Commerce Department. Spending from private homebuilders, which includes renovations and […]
March 1, 2018
Business
Construction adds 36,000 jobs in Jan.; 2017 spending up 2.6%
The U.S. construction industry began 2018 with a bang, adding 36,000 jobs in January. Total industry employment increased for the fifth consecutive month in January and now stands at a seasonally adjusted annual rate of nearly 7.1 million workers, according to the Labor Department. The January total is 3 percent higher than the January 2017 […]
February 7, 2018
Business
Construction spending up 0.8% in November
U.S. construction spending rose during November on gains from both the residential and nonresidential markets. Total spending rose 0.8 percent from October to a seasonally adjusted annual rate of $1.256 trillion. The total represents a 2.4-percent improvement over the November 2016 rate. Residential spending by private homebuilders rose 1 percent during November to a rate […]
January 4, 2018
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