Construction spending during October 2021 was estimated at a seasonally adjusted annual rate of $1,598.0 billion, 0.2% (±1.2%) above the revised September estimate of $1,594.8 billion, according to The U.S. Census Bureau. The October figure is 8.6% (±1.3%) above the October 2020 estimate of $1,471.7 billion. During the first 10 months of this year, construction spending amounted to $1,323.1 billion,…
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Dodge Momentum Index Gains in September
The Dodge Momentum Index gained 11% in September to 164.9 (2000=100) from the revised August reading of 148.0. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The commercial planning component increased by 13% in September, while the…
Read MoreConstruction Spending Ticks Up; Highways Dealt a Setback
The U.S. Census Bureau announced that construction spending during September 2020 was estimated at a seasonally adjusted annual rate of $1,414.0 billion, 0.3% (±1.0%) above the revised August estimate of $1,410.4 billion. The September figure is 1.5% (±1.3%) above the September 2019 estimate of $1,393.3 billion.
Read MoreConstruction Spending Ticks Up; Highways Dealt a Setback
The U.S. Census Bureau announced that construction spending during September 2020 was estimated at a seasonally adjusted annual rate of $1,414.0 billion, 0.3% (±1.0%) above the revised August estimate of $1,410.4 billion. The September figure is 1.5% (±1.3%) above the September 2019 estimate of $1,393.3 billion.
Read MoreEconomic Update
The Market Took a Hit from COVID-19, But Positive Signs Are Starting to Emerge.
Read MoreConstruction 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 MoreMarch Construction Spending Holds Steady
The U.S. Census Bureau reported that construction spending during March 2020 was estimated at a seasonally adjusted annual rate of $1,360.5 billion, 0.9% (±0.8%) above the revised February estimate of $1,348.4 billion. The March figure is 4.7% (±1.3%) above the March 2019 estimate of $1,299.1 billion.
Read MoreConstruction Spending Up Slightly; Highways Also Rise
The U.S. Census Bureau announced that construction spending during November 2019 was estimated at a seasonally adjusted annual rate of $1,324.1 billion, 0.6% (±1.0%) above the revised October estimate of $1,316.8 billion. The November figure is 4.1% (±1.5%) above the November 2018 estimate of $1,271.4 billion.
Read MoreConstruction Spending Inches Higher in August
The U.S. Census Bureau announced that construction spending during August 2019 was estimated at a seasonally adjusted annual rate of $1,287.3 billion, 0.1% (±1.2%) above the revised July estimate of $1,285.6 billion. The August figure is 1.9% (±1.8%) below the August 2018 estimate of $1,312.2 billion.
Read MoreOutlook/Forecast 2019
With or Without a Federal Infrastructure Plan, 2019 is Likely to be a Year of Incremental Gains. By Mark S. Kuhar and Josephine Patterson
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