Tag: construction spending: Page 2

Business

It’s getting optimistic out there: Reader poll finds jump in planned equipment purchases, rentals

In these days of delayed infrastructure spending, Congressional one-upmanship and multiple Category 5 hurricanes, it was great to get some good news. The good news came from our latest Reader Profile survey, where more than 220 respondents from our print and newsletter audiences showed unprecedented renting and buying intentions. In the next 12 months, 44 […]

November 6, 2017

Business

Construction spending dips 0.3% in September

U.S. construction spending increased 0.3 percent in September to $1.219 trillion and is up 2 percent over the September 2016 total. Total nonresidential spending rose 0.5 percent to $698 billion but remains down 3 percent from the year-ago total. Top percentage increases were conservation and development, up 12.3 percent to $7.4 billion; educational, up 5.4 […]

November 1, 2017

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

Construction spending falls 0.6% in July

A decline in nonresidential brought down total U.S. construction spending in July. Total spending dipped 0.6 percent from June to $1.2 trillion but remains up 1.8 percent over the July 2016 total. Total nonresidential spending dropped 1.7 percent in July to $688 billion but is down 4.3 percent from the year-ago total. Top percentage declines […]

September 6, 2017

Dealers

Business Roundup: Shawmut Equipment turns 60; Prinoth adds Company Wrench to dealer network; Construction spending down; Smith Concrete, Shelly host fundraiser; Empire Crane taps NJ manager

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 […]

August 8, 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 1.4% in April

An increase in single-family home construction spending was not enough to offset a decline in nonresidential spending as total U.S. construction spending fell 1.4 percent in April to $1.2 trillion. Despite the monthly decline, total spending remains 6.7 percent above the April 2016 figure, according to preliminary data from the Commerce Department. Private residential spending, […]

June 1, 2017

Dealers

Business Roundup: Construction spending down; Hitachi buys Sullair; Acosta confirmed as Labor Sec.; Volvo CE, United Rentals Q1 earnings

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 […]

May 9, 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