Tag: nonresidential construction spending

Business

U.S. construction spending up 0.1% in Aug. on nonresidential gains

Though decreases in spending on residential projects restricted growth, gains from the nonresidential side powered the construction industry in August.

October 5, 2018

Business

Construction spending up 0.1% in July

July sees construction spending grow slightly in July. Growth in residential wiped out increases by a decline in nonresidential. Click for details.

September 4, 2018

Business

Drop in residential brings down U.S. construction spending 1.7%

Spending on construction in the United States fell 1.7 percent in March to a seasonally adjusted annual rate of $1.284 trillion, according to data from the Commerce Department. Despite the monthly drop, U.S. construction spending remained up 3.6 percent over the March 2017 rate. The main contributor to the overall drop in spending was a […]

May 2, 2018

Business

Dip in government holds back private jump as U.S. construction spending ticks up 0.1% in Feb.

U.S. spending on construction projects was barely better than flat in February as a big gain in private spending was nearly completely offset by a dip in government spending. Total spending reached a seasonally adjusted annual rate of $1.273 trillion in February and is up 3 percent over February 2017. Private spending rose by 0.7 […]

April 2, 2018

Business

Construction spending up 0.8% in November

U.S. construction spending rose during November on gains from both the residential and nonresidential markets. Total spending rose 0.8 percent from October to a seasonally adjusted annual rate of $1.256 trillion. The total represents a 2.4-percent improvement over the November 2016 rate. Residential spending by private homebuilders rose 1 percent during November to a rate […]

January 4, 2018

Business

Construction spending dips 0.3% in September

U.S. construction spending increased 0.3 percent in September to $1.219 trillion and is up 2 percent over the September 2016 total. Total nonresidential spending rose 0.5 percent to $698 billion but remains down 3 percent from the year-ago total. Top percentage increases were conservation and development, up 12.3 percent to $7.4 billion; educational, up 5.4 […]

November 1, 2017

Home

Construction spending up 0.4% in August

U.S. construction spending increased 0.5 percent from July to $1.218 trillion and is up 2.5 percent over the August 2016 total. Total nonresidential spending rose 0.5 percent in August to $692 billion but remains down 3.4 percent from the year-ago total. Top percentage increases were public safety, up 5.7 percent to $8.3 billion; educational, up […]

October 3, 2017

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 flat in May with dip in residential

Homebuilding declines were nearly matched by gains in nonresidential construction in May as total construction spending in the U.S. was flat for the month, according to preliminary estimates from the Commerce Department. Despite the flat month, construction spending’s total of $1.23 trillion was up 4.5 percent from the year-ago, May 2016 figure. Private residential spending […]

July 3, 2017

Business

Construction spending falls 1.4% in April

An increase in single-family home construction spending was not enough to offset a decline in nonresidential spending as total U.S. construction spending fell 1.4 percent in April to $1.2 trillion. Despite the monthly decline, total spending remains 6.7 percent above the April 2016 figure, according to preliminary data from the Commerce Department. Private residential spending, […]

June 1, 2017

Business

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

Business

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