Tag: U.S. construction: Page 2

Business

Construction spending falls 0.4% in September due to dip in government projects

Construction spending in the U.S. fell for a second consecutive month in September, dipping 0.4 percent. According to preliminary estimates from the Commerce Department, spending was at a seasonally adjusted annual rate of $951 billion in September. In addition to the dip in September, the report revised downward the rates for the previous two months as […]

November 3, 2014

Roadbuilding

Highway construction spending down in August

U.S. construction spending saw its second dip of the year in August, falling 0.8 percent. Spending was at a seasonally adjusted annual rate of $961 billion in August, according to preliminary estimates in a report from the Commerce Department. In addition to August’s dip, the report revised downward the rates for the previous two months […]

October 4, 2014

Business

Construction spending dips 0.8% in August due to fall in nonresidential

U.S. construction spending saw its second dip of the year in August, falling 0.8 percent. Spending was at a seasonally adjusted annual rate of $961 billion in August, according to preliminary estimates in a report from the Commerce Department. In addition to August’s dip, the report revised downward the rates for the previous two months […]

October 1, 2014

Business

Construction industry extends employment streak, adds 20,000 jobs in August

The U.S. construction industry extended its streak of job gains in August, adding 20,000 workers. It was the eighth-straight month of gains for the industry which now employs 6.068 million Americans—the highest figure since May 2009, according to data from the Labor Department. The new data also revised upward the July employment number from 6.041 […]

September 5, 2014

Business

Nonresidential projects push construction spending to largest monthly gain in more than 2 years in July

After seeing its first drop in one year during June, construction spending in the U.S. fully recovered and then some in July, with its largest monthly gain in more than two years. Construction spending rose 1.8 percent to a seasonally adjusted annual rate of $981.3 billion in July, according to preliminary estimates by the Commerce […]

September 2, 2014

Roadbuilding

U.S. construction industry gains jobs, spending falters

The U.S. construction industry added 22,000 jobs in the month of July, according to the Bureau of Labor Statistics. Nonresidential construction accounts for 6,600 of those jobs, including 2,500 jobs in the heavy and civil engineering segment.That’s a huge improvement when you consider only 100 nonresidential construction jobs were added in June. “While nonresidential construction’s […]

August 4, 2014

Business

U.S. construction spending ticks up 0.1% in May despite dip in home building

Construction spending in the U.S. saw a slight increase in May and for the second straight month the gains are largely due to increases in government projects. Construction spending rose to $956.1 billion in April, an increase of 0.1 percent from the revised April figure of $955.1 billion. Due to the revision of that figure, what […]

July 1, 2014

Business

Homebuilding declines but construction spending up 0.1% in February

Construction spending in the U.S. ticked up 0.1 percent in February despite a decline in homebuilding, according to preliminary data from the Commerce Department. Total spending rose in February to a seasonally adjusted annual rate of $945.7 billion from the revised January figure of $944.6 billion. Due to the revision of that figure, what was a […]

April 1, 2014

Business

Homebuilding propels U.S. construction spending 0.1% in January despite nonresidential losses

Construction spending in the U.S. again rose slightly in January, according to preliminary data released by the Commerce Department today. Spending rose a small 0.1 percent to a seasonally adjusted annual rate of $943.1 billion from the revised December figure of $941.9 billion. Last month, the Commerce Department reported a preliminary figure of $930.4 billion for […]

March 2, 2014

Business

U.S. construction spending up 0.1% in December, homebuilding rises to highest point in 5 1/2 years

Construction spending in the U.S. rose slightly in December, with homebuilding reaching its highest point in 5 1/2 years, according to preliminary data released by the Commerce Department today. In total, the value of construction in 2013 was $898.4 billion, finishing 4.8 percent above the 2012 figure. Spending rose a slight 0.1 percent to $930.4 billion […]

February 2, 2014

Business

Construction spending up 0.8% in October to nearly 4 1/2-year high

Construction spending in the U.S. rose 0.8 percent in October to a nearly 4 1/2-year high. Construction spending reached a seasonally adjusted annual rate of $908.4 billion, the highest pace since May 2009, according to preliminary data released by the Commerce Department Monday. October’s total was 5.3 percent better than October 2012. The release of […]

December 2, 2013

Business

Construction spending up 0.6% August to 4-1/2-year high

Construction spending in the U.S. rose by 0.6 percent in August to its highest point since April 2009, according to preliminary data from the Commerce Department. According to the data, total construction spending rose to $915 billion in August. The total marks a 7.1-percent improvement over the same time last year. The boost comes thanks […]

October 22, 2013