Tag: U.S. construction spending: Page 2

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 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

Construction spending falls 0.5% in Feb. despite residential gains

Losses in nonresidential construction wiped out gains from homebuilding as total U.S. construction spending fell 0.5 percent in February. Total spending fell to $1.14 trillion for the month but remains up 10.3 percent over the February 2015 mark, according to preliminary data from the Commerce Department. Nonresidential spending fell 1.4 percent during the month to […]

April 5, 2016

As Residential Construction Continues Its Climb, Carpenters Are The Most Sought After Craft Workers In The Construction Industry

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

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Construction spending jumps 10% to 8-year high in 2015

Gains in homebuilding edged out losses in nonresidential spending, propelling total U.S. construction spending to an eight-year high in December. Total spending rose 0.1 percent during the month to $1.1 trillion, according to preliminary data from the Commerce Department. The total represents a 10.5-percent jump 2014 total and the largest amount of activity in the industry since […]

February 2, 2016

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Construction spending rises 0.7% in July to 7-year high

Construction spending in the U.S. reached its highest mark in seven years in July thanks to major increases from single-family homes and manufacturing facilities. Total spending rose 0.7 percent during the month to $1.083 trillion, a 13.7-percent increase over July 2014 and the highest level since May 2008, according to preliminary data from the Commerce Department. The report also […]

September 1, 2015

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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.

Construction spending falls 0.6% in March with lone gains in nonresidential

With decreases across all sectors save for private nonresidential, U.S. construction spending fell 0.6 percent in March to a seasonally adjusted annual rate of $966.5 billion, according to preliminary estimates from the Commerce Department. Spending remained 2 percent above the March 2014 level. Total residential spending fell 1.6 percent to a rate of $354.7 billion and […]

May 5, 2015

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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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