Economics

September Construction Slips; Highways up 50 Percent

Details: Published: Tuesday, 15 November 2011 09:09

New construction starts in September receded 1 percent to a seasonally adjusted annual rate of $419.5 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. Both nonresidential building and housing fell back after an improved pace in August. Meanwhile, the nonbuilding construction sector, comprised of public works and electric utilities, strengthened for the second month in a row after weakening in early summer. For the January-September period of 2011, total construction starts on an unadjusted basis were reported at $314.1 billion, down 5 percent from the same period a year ago.

August Construction Climbs 8 percent

Details: Published: Wednesday, 12 October 2011 12:01

By Mark S. Kuhar

At a seasonally adjusted annual rate of $424.7 billion, new construction starts in August advanced 8 percent, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies.

July Construction Retreats 10 Percent

Details: Published: Wednesday, 07 September 2011 16:05

By Mark S. Kuhar

The value of new construction starts dropped 10 percent in July to a seasonally adjusted annual rate of $394.7 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies.

June Construction Starts Jump 15 Percent

Details: Published: Tuesday, 02 August 2011 15:34

By Mark S. Kuhar

New construction starts in June climbed 15 percent to a seasonally adjusted annual rate of $436.8 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. Highway and bridge construction climbed 9 percent. The gain followed particularly weak activity in May, and helped the pace of contracting during this year’s second quarter stay close to its first quarter level.

First Quarter 2011 Aggregates Production Flat

Details: Published: Friday, 08 July 2011 11:57

By Mark S. Kuhar

An estimated 332 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the first quarter of 2011, according to the U.S. Geological Survey. Jason Willets, crushed stone commodity specialist, noted that the amount was essentially unchanged when compared with the same period of 2010.