The U.S. Census Bureau of the Department of Commerce announced that construction spending during June 2015 was estimated at a seasonally adjusted annual rate of $1,064.6 billion, 0.1 percent (±1.5 percent) above the revised May estimate of $1,063.5 billion. The June figure is 12.0 percent (±2.1 percent) above the June 2014 estimate of $950.3 billion.
Read MoreTag: construction spending
Dodge Momentum Index Declines in June
The Dodge Momentum Index fell to 118.3 (2000=100) in June, down 1.3 percent from 119.9 in May, according to Dodge Data & Analytics. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreConstruction Spending Increases in May; Highways Rise
The U.S. Census Bureau of the Department of Commerce announced that construction spending during May 2015 was estimated at a seasonally adjusted annual rate of $1,035.8 billion, 0.8 percent (±1.5 percent) above the revised April estimate of $1,027.0 billion. The May figure is 8.2 percent (±2.0 percent) above the May 2014 estimate of $957.6 billion.
Read MoreFebruary Construction Spending Flat
The U.S. Census Bureau of the Department of Commerce announced that construction spending during February 2015 was estimated at a seasonally adjusted annual rate of $967.2 billion, 0.1 percent (±1.2 percent) below the revised January estimate of $967.9 billion. The February figure is 2.1 percent (±1.6 percent) above the February 2014 estimate of $947.1 billion.
Read MoreJanuary Construction Climbs 9 Percent
Public Works Grew 7 Percent In January; Highway And Bridge Construction Held Steady With Its December Pace. By Mark S. Kuhar
Read MoreDodge Momentum Index Rises in February
The Dodge Momentum Index increased to 126.3 (2000=100) in February, a gain of 4.3 percent from January’s 121.1, according to Dodge Data & Analytics. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreConstruction Spending Dips in January; Rises Year-Over-Year
The U.S. Census Bureau of the Department of Commerce announced that construction spending during January 2015 was estimated at a seasonally adjusted annual rate of $971.4 billion, 1.1 percent (±1.2 percent) below the revised December estimate of $982.0 billion. The January figure is 1.8 percent (±1.6 percent) above the January 2014 estimate of $954.6 billion.
Read MoreNew Construction Starts Decrease 16 Percent
Nonresidential Building And Nonbuilding Construction Experience Substantial Declines; Highways Up 2 Percent. By Mark S. Kuhar
Read MoreConstruction Spending Ends Month, Year on High Note
The U.S. Census Bureau of the Department of Commerce reported that construction spending during December 2014 was estimated at a seasonally adjusted annual rate of $982.1 billion, 0.4 percent (±1.3 percent) above the revised November estimate of $978.6 billion. The December figure is 2.2 percent (±1.6 percent) above the December 2013 estimate of $961.2 billion.
Read MoreDodge Momentum Index Increases in December
The Dodge Momentum Index rose in December, increasing 4.0 percent from a revised 123.8 in November to 128.7 in December according to Dodge Data & Analytics.
Read More