Tag: U.S. Census Bureau: Page 2

Business

Housing starts dip in November, remain far ahead of 2011

Privately-owned housing starts in the month of November were at a seasonally-adjusted annual rate of 861,000, according to figures released by the U.S. Census Bureau Wednesday morning. The rate is a 3-percent drop from the revised October estimate of 888,000. However, it’s a 21 percent increase over November 2011’s rate. Single-family housing starts were at […]

December 19, 2012

Business

Construction spending hits highest mark in 3 years

Construction spending increased by 9.6 percent in the year between October 2011 and October 2012, to a 37-month high of $872 million, according to seasonally-adjusted data released by the United States Census Bureau. “…Construction has finally come out of its long slump,” said Ken Simonson, chief economist for the Associated General Contractors of America, in […]

December 3, 2012

Construction Equipment

Now that the economy has opened a lot of ears

By Marcia Gruver Doyle   Sigh. The U.S. Census Bureau has just released two studies. The first, Field of Degree and Earnings by Selected Employment Characteristics: 2011, shows if you have a penchant for engineering, you’re in luck. People who majored in engineering had the highest earnings of any bachelor’s degree field, at $92,000 per year And […]

October 30, 2012

Construction Equipment

Government figures ignore “higher learning” options

Sigh. The U.S. Census Bureau has just released two studies. The first, Field of Degree and Earnings by Selected Employment Characteristics: 2011, shows if you have a penchant for engineering, you’re in luck. People who majored in engineering had the highest earnings of any bachelor’s degree field, at $92,000 per year And the second study — take […]

October 15, 2012

Construction Equipment

Building permits dip, housing starts rise in August

The U.S. Census Bureau and the Department of Housing and Urban Development report on August housing statistics show the following: Building permits: Privately-owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 803,000. This is 1.0 percent (±1.2%) below the revised July rate of 811,000, but is 24.5 percent (±1.7%) above […]

September 19, 2012

Safety

Construction spending declines in July

Construction spending decreases 0.9 percent in July, according to the September 4 report by the United States Census Bureau, which also reports construction spending is up 9.3 percent year over year. Nonresidential construction spending fell 0.6 percent in July, with outlays slipping to a seasonally adjusted annual rate of $563.2 billion. Year over year, total […]

September 6, 2012

Home

U.S. Census Bureau releases value of construction overview

The United States Census Bureau has released an overview of the value of construction in May 2012, with its total value at a seasonally adjusted annual rate of 830,013 million dollars. Other seasonally adjusted annual rates include residential at 261,330 million dollars, nonresidential at 299,103 million dollars, state and local at 242,570 million dollars and […]

July 17, 2012

Safety

Construction spending up 7 percent

Total residential and nonresidential construction spending in the United States increased 0.9 percent from April to May and is 7 percent higher from one year ago, according to the July 2 construction spending report from the U.S. Census Bureau. Nonresidential construction was unchanged in May from the previous month, totaling $562.3 billion. Among the eight […]

July 16, 2012

Home

April housing rates rise

The National Association of Home Builders has reported on new figures from the U.S. Census Bureau and HUD, which show nationwide housing production gains of 2.6 percent from an upwardly revised pace in March to hit a seasonally adjusted annual rate of 717,000 units in April. This modest gain was seen in both the single- […]

May 24, 2012

Safety

Nonresidential construction spending falls 1.6 percent in February

Total nonresidential construction spending fell 1.6 percent in February to a seasonally adjusted annual rate of $555.4 billion, according to the April 2 report by the United States Census Bureau. However, total nonresidential construction spending is up 6.4 percent from one year ago. Private nonresidential construction spending decreased 1.6 percent for the month, but is […]

May 17, 2012

Home

Recession catches up with construction industry

Associated Builders and Contractors released its 2011 economic forecast for the U.S. commercial and industrial construction industry. The national recession, which began in 2007, is catching up with the construction industry. Nonresidential construction typically lags the overall performance of the U.S. economy by 12 to 24 months. The weakness of the overall U.S. economy, coupled […]

November 16, 2010

Construction Equipment

Is the construction industry recovering?

Construction employment increased by 14,000 in April. But, at 554 million jobs, construction industry employment was 9 percent lower than a year ago, according to U.S. Census Bureau reports. June 2010 construction spending was estimated at a SAAR of $836 billion, 0.1 percent above the May estimate but 7.9 percent below the June 2009 estimate. […]

September 7, 2010