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Tag: spending
Roadbuilding
ACPA backs report calling for more funding for interstate highways
The Transportation Research Board report states interstate funding needs to double or triple to build and replace pavements and bridges for future traffic.
April 23, 2019
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
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
Home
Construction spending up 0.4% in August
U.S. construction spending increased 0.5 percent from July to $1.218 trillion and is up 2.5 percent over the August 2016 total. Total nonresidential spending rose 0.5 percent in August to $692 billion but remains down 3.4 percent from the year-ago total. Top percentage increases were public safety, up 5.7 percent to $8.3 billion; educational, up […]
October 3, 2017
Business
Nonresidential sends construction spending down 1.3% in June
Decreases in spending on apartment homes and nonresidential projects were the difference in June’s construction spending report, as total U.S. spending fell 1.3 percent to a seasonally adjusted annual rate of $1.205 trillion. Despite the monthly drop, the annual rate remains 1.6 percent above the June 2016 rate. Total residential spending fell 0.3 percent in […]
August 3, 2017
Business
Construction spending flat in May with dip in residential
Homebuilding declines were nearly matched by gains in nonresidential construction in May as total construction spending in the U.S. was flat for the month, according to preliminary estimates from the Commerce Department. Despite the flat month, construction spending’s total of $1.23 trillion was up 4.5 percent from the year-ago, May 2016 figure. Private residential spending […]
July 3, 2017
Business
Construction spending falls 0.2% in March
Gains in residential construction spending during March were offset by an identical loss in nonresidential as total construction spending in the U.S. fell 0.2 percent. Total spending fell to $1.2 trillion, but remains 3.6 percent above the March 2016 figure, according to preliminary data from the Commerce Department. Private residential spending rose 1.2 percent during […]
May 3, 2017
Business
Construction spending up 0.8% in February
U.S. construction spending rose 0.8 percent in February on gains in the residential market. Total spending rose to a seasonally adjusted annual rate of $1.2 trillion, a 3-percent improvement over the year-ago figure, according to preliminary data from the Commerce Department. Private homebuilding rose 1.8 percent during the month to a rate of $485 billion and […]
April 3, 2017
Business
Construction spending falls 1% in January
U.S. construction spending fell 1 percent in January as residential gains weren’t enough to offset drops in nonresidential and government spending. Spending fell to a seasonally adjusted annual rate of $1.2 trillion in January but remains up 3.1 percent over the January 2016 total, according to preliminary data from the Commerce Department. Private homebuilding rose […]
March 2, 2017
Business
Construction spending falls 0.7% in August
U.S. construction spending fell 0.7 percent in August as spending on both residential and nonresidential projects fell during the month. Construction spending is at a seasonally-adjusted annual rate of $1.142 trillion, according to preliminary data from the Commerce Department. With the August decrease, the spending rate has fallen 0.3 percent below the August 2015 rate. Spending in the private […]
October 3, 2016
Business
Construction spending flat in July as nonresidential dip wipes out residential gain
U.S. construction spending was flat for the month of July at an estimated annual rate of $1.153 trillion, according to preliminary data from the Commerce Department. An 0.3-percent decrease in nonresidential spending wiped out most of an 0.4-percent increase in residential during the month. Total construction spending remains up 1.5 percent over the July 2015 mark. […]
September 1, 2016
Business
Construction spending down 0.6% in June
With declines in both residential and nonresidential spending, total U.S. construction spending fell for a third consecutive month in June. Spending fell 0.6 percent to a seasonally adjusted annual rate of $1.133 trillion, according to preliminary data from the Commerce Department, but remains up 0.3 percent over the June 2015 figure. Total residential spending fell […]
August 2, 2016
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