Construction Spending Flat in July

The U.S. Census Bureau of the Department of Commerce announced that construction spending during July 2016 was estimated at a seasonally adjusted annual rate of $1,153.2 billion, nearly the same as (±1.5 percent) the revised June estimate of $1,153.5 billion. The July figure is 1.5 percent (±2.3 percent) percent above the July 2015 estimate of $1,135.9 billion.

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February Construction Spending Dips Slightly

The U.S. Census Bureau of the Department of Commerce announced that construction spending during February 2016 was estimated at a seasonally adjusted annual rate of $1,144.0 billion, 0.5 percent (±1.6 percent) below the revised January estimate of $1,150.1 billion. The February figure is 10.3 percent (±2.1 percent) above the February 2015 estimate of $1,037.5 billion.

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October Construction Spending Inches Up; Highways Higher

The U.S. Census Bureau of the Department of Commerce announced that construction spending during October 2015 was estimated at a seasonally adjusted annual rate of $1,107.4 billion, 1.0 percent (±1.8 percent) above the revised September estimate of $1,096.6 billion. The October figure is 13.0 percent (±2.5 percent) above the October 2014 estimate of $979.6 billion.

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Construction Spending Rises; Highways Tick Upward

The U.S. Census Bureau of the Department of Commerce announced that construction spending during September 2015 was estimated at a seasonally adjusted annual rate of $1,094.2 billion, 0.6 percent (±1.8 percent) above the revised August estimate of $1,087.5 billion. The September figure is 14.1 percent (±2.1 percent) above the September 2014 estimate of $959.2 billion.

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August Construction Starts Inch Up; Year-to-Date Strong

The U.S. Census Bureau of the Department of Commerce announced that construction spending during August 2015 was estimated at a seasonally adjusted annual rate of $1,086.2 billion, 0.7 percent (±1.5 ) above the revised July estimate of $1,079.1 billion. The August figure is 13.7 percent (±2.1 ) above the August 2014 estimate of $955.0 billion.

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Nonresidential Construction Continues on Growth Path

The nonresidential construction sector continues to grow at a solid pace, reflecting 18 months of improving activity despite rising costs of construction materials and labor and a slight decline in regional economies where most construction activity is taking place, according to the FMI Nonresidential Construction Index Report (NRCI) for Q2 2015. The Index reflects the observations and sentiments of a…

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