According to the U.S. Census Bureau, construction spending during December 2022 was estimated at a seasonally adjusted annual rate of $1,809.8 billion, 0.4% (± 0.8%) below the revised November estimate of $1,817.3 billion. The December figure is 7.7% (±1.2%) above the December 2021 estimate of $1,681.0 billion.
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Construction Spending Tumbles in April; Highways Down
The U.S. Census Bureau announced that construction spending during April 2020 was estimated at a seasonally adjusted annual rate of $1,346.2 billion, 2.9% (±0.8%) below the revised March estimate of $1,386.6 billion.
Read MoreConstruction Spending Flat in January
Construction spending during January 2018 was estimated at a seasonally adjusted annual rate of $1,262.8 billion, nearly the same as (±1.0 percent) the revised December estimate of $1,262.7 billion, according to the U.S. Census Bureau. The January figure is 3.2 percent (±1.3 percent) above the January 2017 estimate of $1,223.5 billion.
Read MoreConstruction Spending Rises; Highway Construction Falls
The U.S. Census Bureau announced that construction spending was estimated at a seasonally adjusted annual rate of $1,257.0 billion, 0.8 percent (±1.2 percent) above the revised October estimate of $1,247.1 billion. The November figure is 2.4 percent (±1.5 percent) above the November 2016 estimate of $1,227.0 billion.
Read MoreConstruction Spending Rises; Highways Decline
Construction spending during August 2017 was estimated at a seasonally adjusted annual rate of $1,218.3 billion, 0.5 percent (±1.3 percent) above the revised July estimate of $1,212.3 billion, according to the U.S. Census Bureau.
Read MoreAED’s McGuire Blasts Washington Infrastructure Failure
Brian P. McGuire, president and CEO of Associated Equipment Distributors (AED), issued the following in response to the U.S. Census Bureau’s recent Value of Construction Put in Place (VIP) survey, which shows public construction spending in the country hit a 24-year low in the second quarter of this year. “With trillions of dollars of infrastructure needs in the United States,…
Read MoreNew Home Sales Slip in April After Strong Start to Year
Sales of newly built, single-family homes in April dropped for the first time in 2017, falling 11.4 percent to a seasonally adjusted annual rate of 569,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Sales numbers for the first three months of the year were all upwardly revised,…
Read MoreNew Home Sales Track Higher
Sales of newly built, single-family homes continued to expand, rising 6.1 percent in February to a seasonally adjusted annual rate of 592,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Read MoreJanuary Construction Spending Rises; Highways Fall
Construction spending during January 2017 was estimated at a seasonally adjusted annual rate of $1,180.3 billion, 1.0 percent (±1.0 percent) below the revised December estimate of $1,192.2 billion, according to the U.S. Census Bureau.
Read MoreCensus Bureau: Construction Spending Up 4.5 Percent in 2016
The U.S. Census Bureau announced construction-spending statistics for full year 2016, as well as December 2016. The value of construction in 2016 was $1,162.4 billion, 4.5 percent (±1.0 percent) above the $1,112.4 billion spent in 2015.
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