Construction spending during July 2023 was estimated at a seasonally adjusted annual rate of $1,972.6 billion, 0.7% (±0.5%) above the revised June estimate of $1,958.9 billion. The July figure is 5.5% (±1.2%) above the July 2022 estimate of $1,869.3 billion. During the first seven months of this year, construction spending amounted to $1,101.5 billion, 3.7% (±1.0%) above the $1,062.1 billion…
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Construction Spending Dips in May; Highways Down 3.2%
The U.S. Census Bureau reported that construction spending during May 2019 was estimated at a seasonally adjusted annual rate of $1,293.9 billion, 0.8% (±1.2%) below the revised April estimate of $1,304.0 billion. The May figure is 2.3%( ±1.5%) below the May 2018 estimate of $1,324.3 billion.
Read MoreAED’s McGuire Blasts Washington Infrastructure Failure
Brian P. McGuire, president and CEO of Associated Equipment Distributors (AED), issued the following in response to the U.S. Census Bureau’s recent Value of Construction Put in Place (VIP) survey, which shows public construction spending in the country hit a 24-year low in the second quarter of this year. “With trillions of dollars of infrastructure needs in the United States,…
Read MoreConstruction Spending Holds Steady
Construction spending during May 2017 was estimated at a seasonally adjusted annual rate of $1,230.1 billion, nearly the same as (±2.5 percent) the revised April estimate of $1,230.4 billion. The May figure is 4.5 percent (±2.5 percent) above the May 2016 estimate of $1,177.0 billion.
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 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 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 MoreCrushing for Cubicity
Steve Pegler (sales manager, Elrus), Jason Macy (vice president of operations, Hawaiian Cement), Kevin Bohanon (sales manager, stationary crushing and screening, USA, Sandvik Construction). Hawala Quarry In Hawaii Has Come To Rely On Its VSI For Profitable Production. By Mark S. Kuhar The island of Oahu in Hawaii, headquarters of the United States Pacific Command and the state capital, Honolulu,…
Read MoreSullivan Predicts Growth at World of Concrete
January 22, 2014 – On the first day of the World of Concrete 2014 Show in Las Vegas, The Portland Cement Association’s Chief Economist Ed Sullivan forecast 8 percent growth in cement production this year, according to Don Marsh, editor of sister publication Concrete Products, who is reporting live from the show.
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