Nonresidential Const. Spending Dipped in Sept.

National nonresidential construction spending fell 1.6 percent in September, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, monthly spending totaled $794.3B.   Among the 16 nonresidential subcategories, 13 were down on a monthly basis. Private nonresidential spending declined 1.5 percent in September, while public nonresidential construction spending was down 1.7 percent. (Source) 

Invest. in Structures Down; Const. Spending Stable

Source: Marcum LLP  The Marcum Commercial Construction Index for the first quarter of 2020 reports an industry suffering the adverse effects of COVID-19.  Construction employment fell by nearly one million jobs from March to April 2020, a decrease of 12.8 percent. The industry’s unemployment rate increased from 6.9 percent in March to 16.6 percent in April, the highest level since early 2012.   The index […]

April Nonresidential Construction Spending Drops

Source: Associated Builders and Contractors  National nonresidential construction spending decreased by 1.8 percent in April, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $801.8B for the month, a 0.9 percent increase from April 2019.  Of the 16 subcategories, 13 were down on a […]

ABC: Nonresidential Construction Spending Dips

Source: Associated Builders and Contractors  National nonresidential construction spending fell 0.1 percent in March and is up 2.0 percent compared to the same time last year, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $802.6B for the month.  Among 16 nonresidential subcategories, 12 […]

Spending Decline Indicates What’s to Come

Source: Associated Builders and Contractors  National nonresidential construction spending fell 1.8 percent in February but is up 2.5 percent compared to the same time last year, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $795.1B for the month.  Private nonresidential spending declined 2 percent on a monthly basis and is down […]

ABC: Nonresidential Const. Spending Up in Jan.

Source: Associated Builders and Contractors National nonresidential construction spending increased by 1.6 percent in January and is up 5.1 percent on a year-ago basis, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled a record $806.9B in January. Private nonresidential […]

Nonres. Const. Maintains Momentum in Dec.

Source: Associated Builders and Contractors Nonresidential construction spending expanded 0.8 percent in December, totaling $720.4B on a seasonally adjusted basis, according to Associated Builders and Contractors’ analysis of data released by the U.S. Census Bureau. This represents the fifth consecutive month during which the pace of nonresidential spending has increased. Nonresidential spending expanded 0.1 percent […]

Const. Spending Rises in October; Flat YoY

Source: Associated Builders and Contractors Nonresidential construction spending rose 2.1 percent in October, totaling $717.6B on a seasonally adjusted basis, according to an Associated Builders and Contractors analysis of data released by the U.S. Census Bureau. The level of spending, however, remains virtually unchanged from a year ago. Ten of the sixteen subcategories experienced positive […]