Construction spending decreased in June for the third month in a row but most segments posted solid increases in the first half of 2016 compared to the same period in 2015.
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Construction Spending: Healthy Gains Year-Over-Year
The U.S. Census Bureau of the Department of Commerce announced that construction spending during April 2016 was estimated at a seasonally adjusted annual rate of $1,133.9 billion, 1.8 percent (±1.3 percent) below the revised March estimate of $1,155.1 billion. The April figure is 4.5 percent (±1.6 percent) above the April 2015 estimate of $1,085.0 billion.
Read MoreFebruary 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.
Read MoreJanuary Construction Spending Climbs Higher
The U.S. Census Bureau of the Department of Commerce announced that construction spending during January 2016 was estimated at a seasonally adjusted annual rate of $1,140.8 billion, 1.5 percent (±1.0 percent) above the revised December estimate of $1,123.5 billion. The January figure is 10.4 percent (±1.6 percent) above the January 2015 estimate of $1,033.3 billion.
Read MoreNovember Construction Dips; Up Strong Year-Over-Year
The U.S. Census Bureau of the Department of Commerce announced that construction spending during November 2015 was estimated at a seasonally adjusted annual rate of $1,122.5 billion, 0.4 percent (±1.5 percent) below the revised October estimate of $1,127.0 billion. The November figure is 10.5 percent (±1.8 percent) above the November 2014 estimate of $1,016.1 billion.
Read MoreConstruction 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.
Read MoreAugust 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.
Read MoreJuly Construction Spending Up Double Digits Over Last Year
The U.S. Census Bureau of the Department of Commerce announced that construction spending during July 2015 was estimated at a seasonally adjusted annual rate of $1,083.4 billion, 0.7 percent (±1.5 percent) above the revised June estimate of $1,075.9 billion. The July figure is 13.7 percent (±2.0 percent) above the July 2014 estimate of $952.5 billion.
Read MoreJune Construction Spending Ticks Up; Highways Rise
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 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.
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