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)
Nonresidential Construction Spending Down in July
Source: Associated Builders and Contractors National nonresidential construction spending fell 1.2 percent in July, 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 $809.1B for the month. Of the 16 nonresidential subcategories, 10 were down on a monthly basis. Private nonresidential spending declined 1.0 percent while public nonresidential construction […]
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 […]
Residential Construction To ‘Increase Substantially’
By Aly J. Yale for Forbes The new year is shaping up to be a good one for homebuyers—at least those interested in buying new homes. Not only are homebuilders more confident in the market than have been in 20-plus years, but recent construction numbers are surpassing expectations. In fact, according to the U.S. Census […]
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 […]
PHX Named 5th Largest/Fastest Growing City
By Roland Murphy for Arizona Builder’s Exchange Phoenix Mayor Greg Stanton let the news slip at the Bisnow Phoenix New Construction and Development event earlier this month (AZBEX, May 19) and last week the City and other sources jumped on the official announcement: Phoenix is both the 5th largest and the fastest growing city in […]