The U.S. Census Bureau announced that construction spending during March 2021 was estimated at a seasonally adjusted annual rate of $1,513.1 billion, 0.2% (±0.8%) above the revised February estimate of $1,509.9 billion. The March figure is 5.3% (±1.0%) above the March 2020 estimate of $1,436.7 billion.
Read MoreTag: nonresidential construction
Construction Spending, Highway Construction Down in October
The U.S. Census Bureau announced that construction spending during October 2019 was estimated at a seasonally adjusted annual rate of $1,291.1 billion, 0.8% (±1.0%) below the revised September estimate of $1,301.8 billion. The October figure is 1.1% (±1.5%) above the October 2018 estimate of $1,277.4 billion. During the first 10 months of this year, construction spending amounted to $1,086.5 billion, 1.7% (±1.2%) below the $1,105.2 billion for the same…
Read MoreConstruction Spending Rises; Highways Tick Higher
Construction spending increased from January to February and from a year ago, as private residential and public construction grew for the month and private-sector demand increased for the year, according to an analysis by the Associated General Contractors of America. Association officials said the February data indicates the need for Congress and the Trump administration to work together to reform…
Read MoreJanuary Construction Spending Rises; Highways Fall
Construction spending during January 2017 was estimated at a seasonally adjusted annual rate of $1,180.3 billion, 1.0 percent (±1.0 percent) below the revised December estimate of $1,192.2 billion, according to the U.S. Census Bureau.
Read MoreCensus Bureau: Construction Spending Up 4.5 Percent in 2016
The U.S. Census Bureau announced construction-spending statistics for full year 2016, as well as December 2016. The value of construction in 2016 was $1,162.4 billion, 4.5 percent (±1.0 percent) above the $1,112.4 billion spent in 2015.
Read MoreConstruction Spending Highest in 10 Years
Gains in all three major construction categories pushed total construction to its highest point since April 2006 when a housing expansion fueled a building boom.
Read MoreConstruction 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.
Read MoreConstruction Spending Up for First Six Months of 2016
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.
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 MoreOctober 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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