Tag: residential construction spending: Page 3

Business

Construction spending up 1.1% in October due to gains in homebuilding, government nonresidential

U.S. construction spending rose 1.1 percent during the month of October due mainly to increases in homebuilding and government nonresidential projects. According to preliminary estimates from the Commerce Department, October construction spending was at a seasonally adjusted annual rate of $971 billion. The new data also revised the August and September rates upward from the previously estimated $955 […]

December 2, 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

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 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

U.S. construction spending up 1% in November to nearly 5-year high

Construction spending in the U.S. rose 1 percent in November of last year to reach a nearly 5-year high. Spending reached a seasonally adjusted annual rate of $934.4 billion in November, according to preliminary data released by the Commerce Department. That’s the highest rate since May 2009 and 5.9 percent better than November 2012. October’s […]

January 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

Business

Construction spending up 0.6% in July to highest mark since June 2009

Construction spending in the U.S. rose 0.6 percent in July despite more decreases in government spending, according to preliminary data from the Commerce Department. Total construction spending rose to $900.8 billion in July thanks to gains in both housing and nonresidential projects. That’s the highest spending total since June 2009 and bests the July 2012 […]

September 3, 2013

Business

Construction spending falls 0.6% in June as government spending falls to lowest level since 2006

Snapping two consecutive months of increases, U.S. construction spending fell 0.6 percent in June to $884 billion due to larger decreases in nonresidential and government spending. The decline is the biggest seen in the last five months. Government construction spending fell 1.1 percent in June to $261 billion—it’s lowest level since 2006. Public residential construction […]

August 1, 2013