Tag: nonresidential construction spending: Page 2

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

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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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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 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 jumps 1.5% in January on nonresidential gains

U.S. construction spending jumped 1.5 percent in January over an already 8-year high reached in December. Total spending rose to $1.14 trillion, a 10.4-percent improvement over January 2015, according to preliminary data from the Commerce Department. The jump came thanks to a 2.5-percent increase in nonresidential spending to $702 billion. The largest monthly nonresidential gains in terms […]

March 2, 2016

Home construction site prep

Construction spending falls 0.4% in November

Despite continued increases in single-family homebuilding, total construction spending in November dipped 0.4 percent to $1.122 trillion. Spending remains 10.5 percent above the year-ago mark, according to preliminary data from the Commerce Department. Total residential spending rose 0.2 percent to $434 billion in November and is up 11 percent year over year. Private residential rose […]

January 4, 2016

Continued homebuilding gains boost construction spending 0.6% in September

Sizable gains in homebuilding again led to an increase in total U.S. construction spending in September. Construction spending increased 0.6 percent to $1.094 trillion during the month, according to preliminary data from the Commerce Department. Total spending is up 14.1 percent year over year. Private homebuilding increased 1.9 percent to $395 billion and is now […]

November 2, 2015

U.S. construction spending continues climb; up 0.8% in May

Nonresidential projects again led to a sizable gain in U.S. construction spending during May, according to preliminary estimates from the Commerce Department. Spending rose to a seasonally adjusted annual rate of $1.035 trillion, the highest figure since October 2008 and an increase of 8.2 percent over May 2014. Total residential construction spending rose 0.3 percent to a rate of $366 billion […]

July 2, 2015

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Construction spending up 2.2% in April to $1 trillion, 6-year high

Big gains in nonresidential boosted total construction spending in April 2.2 percent, according to preliminary estimates from the Commerce Department. Spending rose to a seasonally adjusted annual rate of $1.006 trillion, the highest figure in more than 6 years and up 4.8 percent over April 2014. Total residential construction spending rose 0.6 percent to a rate of $359 billion while […]

June 1, 2015

Highway and street spending accounted for the highest gain in nonresidential, up 8.6 percent during April to $87 billion.

U.S. construction spending flat in February

Construction spending in the U.S. was flat during February, the result of a slight increase in private construction and a decrease in government spending. Total spending fell 0.1 percent during the month to $967.1 billion, according to preliminary estimates from the Commerce Department. Spending was up 2.1 percent over February 2014. Residential and nonresidential construction spending both […]

April 1, 2015

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