Ongoing lean levels of single-family existing home inventory helped to boost single-family production last month, while overall housing production fell because of a double-digit percentage drop in multifamily output. Overall housing starts decreased 1.8% in November to a seasonally adjusted annual rate of 1.29 million units, according to a report from the U.S. Department of Housing and Urban Development and…
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Construction Spending Unchanged in November; Highways Up
According to the U.S. Census Bureau, construction spending during November 2024 was estimated at a seasonally adjusted annual rate of $2,152.6 billion, virtually unchanged from (±1.0%) the revised October estimate of $2,152.3 billion. The November figure is 3.0% (±1.5%) above the November 2023 estimate of $2,090.7 billion. During the first 11 months of this year, construction spending amounted to $1,986.8…
Read MoreGreat Lakes Limestone Trade Down in November
Shipments of limestone on the Great Lakes totaled nearly 3 million tons in November, a decrease of 4.9% compared to a year ago. Limestone cargos were a mere 8,340 tons below the month’s five-year average.
Read MoreConstruction Spending Ticks Up in September
According to the U.S. Census Bureau, construction spending during September 2024 was estimated at a seasonally adjusted annual rate of $2,148.8 billion, 0.1% (±1.0%) above the revised August estimate of $2,146.0 billion. The September figure is 4.6% (±1.6%) above the September 2023 estimate of $2,055.2 billion. During the first nine months of this year, construction spending amounted to $1,621.4 billion,…
Read MoreConstruction Spending Down in July
According to the U.S. Census Bureau, construction spending during July 2024 was estimated at a seasonally adjusted annual rate of $2,162.7 billion, 0.3% (±1.0%) below the revised June estimate of $2,169.0 billion. The July figure is 6.7% (±1.8%) above the July 2023 estimate of $2,027.4 billion. During the first seven months of this year, construction spending amounted to $1,237.5 billion,…
Read MoreConstruction Spending Flat in August
According to the U.S. Census Bureau, construction spending during August 2024 was estimated at a seasonally adjusted annual rate of $2,131.9 billion, 0.1% (±1.2%) below the revised July estimate of $2,133.9 billion. The August figure is 4.1% (±1.6%) above the August 2023 estimate of $2,047.4 billion. During the first eight months of this year, construction spending amounted to $1,428.5 billion,…
Read MoreConstruction Spending Down in June; Up for Year
According to the U.S. Census Bureau, construction spending during June 2024 was estimated at a seasonally adjusted annual rate of $2,148.4 billion, 0.3% (±1.0%) below the revised May estimate of $2,154.8 billion. The June figure is 6.2% (±1.6%) above the June 2023 estimate of $2,023.0 billion. During the first six months of this year, construction spending amounted to $1,034.8 billion,…
Read MoreMarch Construction Spending Falls, Highways Up
According to the U.S. Census Bureau, construction spending during March 2024 was estimated at a seasonally adjusted annual rate of $2,083.9 billion, 0.2% (±0.8%) below the revised February estimate of $2,087.8 billion. The March figure is 9.6% (±1.3%) above the March 2023 estimate of $1,901.4 billion. During the first three months of this year, construction spending amounted to $461.0 billion,…
Read MoreConstruction Spending Dips in January; Up Year Over Year
Construction spending during January 2024 was estimated at a seasonally adjusted annual rate of $2,102.4 billion, 0.2% (±0.8%) below the revised December estimate of $2,105.8 billion, according to the U.S. Census Bureau. The January figure is 11.7% (±1.5%) above the January 2023 estimate of $1,882.2 billion. In January, the estimated seasonally adjusted annual rate of public construction spending was $479.0…
Read MoreHeidelberg Materials Partners With BirdLife International
Heidelberg Materials and BirdLife International, the world’s largest network of nature conservation organisations, have extended their long-standing partnership. The partners signed a memorandum of understanding covering the next three years and setting the course for continued long-term collaboration.
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