Tag: construction spending: Page 3

Business Roundup: 2016 construction spending, Volvo CE Q4 results, Cat HQ move, JLG closings, Atlas Copco spinoff

Year-end report: Construction spending dips slightly in December, shows 4.5 percent year-over-year gains in 2016 U.S. construction spending in December was 0.2 percent below the revised November estimate, yet still 4.2 percent over the December 2015 figures, according to numbers released by the U.S. Census Bureau. Also releasing its year-end numbers, the Bureau places the […]

February 6, 2017

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Business Roundup: News on Terex MHPS sale, IronDirect, McCann, Carlson Paving, construction jobs/spending

Construction loses 3,000 jobs in Dec. but employment remains up from 2015 After reaching an 8-year high in November, employment in the U.S. construction industry fell slightly, losing 3,000 jobs in December. According to preliminary data from the Labor Department, construction now employs 6.699 million Americans. Despite the loss, construction employment remains at its highest point since December […]

January 9, 2017

Construction spending up 0.9% in Nov.

U.S. construction spending rose 0.9 percent in November thanks to gains in both homebuilding and nonresidential projects across the public and private sectors. Spending rose to a seasonally adjusted annual rate of $1.182 trillion and was 4.1 percent above the November 2015 mark, according to preliminary data from the Commerce Department. Private homebuilding spending rose 1 […]

January 5, 2017

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Business Roundup: News on Nortrax, Safway Group, construction spending, trencher sales trends

John Deere dealer Nortrax adds sales staff in southeast region and Wisconsin Nortrax, which operates John Deere construction and forestry dealerships in the U.S. and Canada, has added John Fairley to its Used Equipment Division in the company’s Southeast Region, and Randy Klug to its sales team in Merrill, Wisconsin. Fairley most recent worked as […]

December 5, 2016

Construction spending up 0.5% in October thanks to residential gains

U.S. construction spending rose 0.5 percent during October due to gains in homebuilding and government projects. Spending rose to a seasonally adjusted annual rate of $1.172 trillion and is 3.4 percent above the October 2015 mark, according to preliminary data from the Commerce Department. Spending in the private homebuilding sector rose 1.6 percent to $466 billion during October, […]

December 1, 2016

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Construction spending falls 0.4% in September despite homebuilding gains

U.S. construction spending fell 0.4 percent in September as nonresidential spending declines wiped out homebuilding gains during the month. Construction spending is at a seasonally-adjusted annual rate of $1.150 trillion, according to preliminary data from the Commerce Department. With the September decrease, the spending rate is 0.2 percent below the September 2015 rate. Spending in the private homebuilding sector rose 0.5 […]

November 3, 2016

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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

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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

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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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Construction spending falls 0.8% in May

With declines in nonresidential spending and a flat month for residential, total U.S. construction spending fell 0.8 percent in May, according to preliminary data from the Commerce Department. Spending is at a seasonally adjusted annual rate of $1.143 trillion. Despite two consecutive months of monthly declines, spending remains 2.8 percent above the May 2015 rate. […]

July 6, 2016

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Construction spending falls 1.8% in April

Monthly declines in both residential and nonresidential construction led to a 1.8-percent decrease in U.S. construction spending during April. Spending is at a seasonally adjusted annual rate of $1.134 trillion and remains up 4.5 percent from the April 2015 rate, according to preliminary data from the Commerce Department. Total residential spending fell 1.5 percent to $445 […]

June 1, 2016

Construction spending up in March with jump in apartment starts

Mainly due to gains in multi-family residential building, U.S. construction spending rose 0.3 percent in March to a seasonally adjusted annual rate of $1.137 trillion, according to preliminary data from the Commerce Department. Total spending is up 8 percent over the March 2015 total. Residential spending is now up 7.6 percent over its own year-ago […]

May 2, 2016

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