Tag: nonresidential spending: Page 2

Construction spending falls 0.2% in March

Gains in residential construction spending during March were offset by an identical loss in nonresidential as total construction spending in the U.S. fell 0.2 percent. Total spending fell to $1.2 trillion, but remains 3.6 percent above the March 2016 figure, according to preliminary data from the Commerce Department. Private residential spending rose 1.2 percent during […]

May 3, 2017

apartment construction

Construction spending up 0.8% in February

U.S. construction spending rose 0.8 percent in February on gains in the residential market. Total spending rose to a seasonally adjusted annual rate of $1.2 trillion, a 3-percent improvement over the year-ago figure, according to preliminary data from the Commerce Department. Private homebuilding rose 1.8 percent during the month to a rate of $485 billion and […]

April 3, 2017

House Home Construction Site Prep

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 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 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 0.8% in May

With declines in nonresidential spending and a flat month for residential, total U.S. construction spending fell 0.8 percent in May, according to preliminary data from the Commerce Department. Spending is at a seasonally adjusted annual rate of $1.143 trillion. Despite two consecutive months of monthly declines, spending remains 2.8 percent above the May 2015 rate. […]

July 6, 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

Home construction site prep

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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