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.
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Double-Digit Spike for December New Home Sales
Sales of newly built, single-family homes rose 11.6 percent in December to a seasonally adjusted annual rate of 481,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Read MoreConstruction Spending Up Slightly in October
The U.S. Census Bureau of the Department of Commerce announced that construction spending during October 2014 was estimated at a seasonally adjusted annual rate of $971.0 billion, 1.1 percent (±1.8 percent) above the revised September estimate of $960.3 billion.
Read MoreNationwide Housing Starts Climb Even Higher
For the third time this year, nationwide housing starts surpassed the million-mark, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Total housing production in September rose 6.3 percent to a seasonally adjusted annual rate of 1.017 million units.
Read MoreHousing Starts Fall in August
Led by a steep 31.7 percent decline in multifamily production, nationwide housing starts fell 14.4 percent to a seasonally adjusted annual rate of 956,000 units in August, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family housing starts dropped 2.4 percent to a seasonally adjusted annual rate of 643,000…
Read MoreJune Construction Dips; But Higher Year-Over-Year
The U.S. Census Bureau of the Department of Commerce announced that construction spending during June 2014 was estimated at a seasonally adjusted annual rate of $950.2 billion, 1.8 percent (±1.8 percent) below the revised May estimate of $967.8 billion.
Read MoreU.S. Housing Starts Fall; Canadian Starts Up Slightly
Nationwide housing production fell 9.3 percent to a seasonally adjusted annual rate of 893,000 units in June, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The drop was due primarily to a nearly 30 percent decline in the South. All other regions posted monthly gains.
Read MoreConstruction Spending Ticks Up in May
The U.S. Census Bureau of the Department of Commerce announced that construction spending during May 2014 was estimated at a seasonally adjusted annual rate of $956.1 billion, 0.1 percent (±1.6 percent) above the revised April estimate of $955.1 billion. The May figure is 6.6 percent (±2.1 percent) above the May 2013 estimate of $896.6 billion.
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