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Tag: nonresidential
Business
Construction spending falls 0.6% in July
A decline in nonresidential brought down total U.S. construction spending in July. Total spending dipped 0.6 percent from June to $1.2 trillion but remains up 1.8 percent over the July 2016 total. Total nonresidential spending dropped 1.7 percent in July to $688 billion but is down 4.3 percent from the year-ago total. Top percentage declines […]
September 6, 2017
Business
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
Business
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
Business
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
Business
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
Business
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
Business
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
Business
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
Business
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
Business
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
Business
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
Business
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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