Construction Spending Rises in January; Up Year-Over-Year

The U.S. Census Bureau announced that total construction spending during January 2022 was estimated at a seasonally adjusted annual rate of $1,677.2 billion, 1.3% (±0.8%) above the revised December estimate of $1,655.8 billion. The January figure is 8.2% (±1.2%) above the January 2021 estimate of $1,549.8 billion. 

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Construction Spending Flat in December; Up 8% in 2021

The U.S. Census Bureau announced that construction spending during December 2021 was estimated at a seasonally adjusted annual rate of $1,639.9 billion, 0.2% (± 0.8%) above the revised November estimate of $1,636.5 billion. The December figure is 9.0% (±1.0%) above the December 2020 estimate of $1,504.2 billion.

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Construction Spending Ticks Up in November; Highways Down

The U.S. Census Bureau announced that construction spending during November 2021 was estimated at a seasonally adjusted annual rate of $1,625.9 billion, 0.4% (±1.0%) above the revised October estimate of $1,618.8 billion. The November figure is 9.3% (±1.2%) above the November 2020 estimate of $1,487.2 billion. 

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Construction Spending Flat in August; Highways Up

The U.S. Census Bureau announced that construction spending during August 2021 was estimated at a seasonally adjusted annual rate of $1,584.1 billion, virtually unchanged from (±1.0%) the revised July estimate of $1,584.0 billion. The August figure is 8.9% (±1.5%) above the August 2020 estimate of $1,455.0 billion. During the first eight months of this year, construction spending amounted to $1,034.5 billion, 7.0%…

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Construction Spending Higher in June; Highways Down

The U.S. Census Bureau announced that construction spending during June 2021 was estimated at a seasonally adjusted annual rate of $1,552.2 billion, 0.1% (±1.2%) above the revised May estimate of $1,551.2 billion. The June figure is 8.2%(±1.3%) above the June 2020 estimate of $1,435.0 billion. 

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Construction Spending Ticks Upward

The U.S. Census Bureau announced that construction spending during March 2021 was estimated at a seasonally adjusted annual rate of $1,513.1 billion, 0.2% (±0.8%) above the revised February estimate of $1,509.9 billion. The March figure is 5.3% (±1.0%) above the March 2020 estimate of $1,436.7 billion. 

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