Tag: construction spending
Nonresidential construction spending stabilizes in August
Nonresidential construction spending expanded 0.5 percent in August, totaling $691.8 billion on a seasonally adjusted, annualized basis, according to an analysis of data from the U.S. Census Bureau by Associated Builders and Contractors (ABC). Though this represents an improvement from July’s total ($688.2 billion), nonresidential spending remains 3.4 percent below its year-ago level.
U.S. construction spending at record level in March; up 4.9 percent in first quarter
Construction spending is at record levels for the second straight month in March and is up 4.9 percent for the first three months of year.
Nonresidential spending falters slightly to end 2016
Nonresidential construction spending slipped 0.7 percent in the final month of 2016, but increased 4.6 percent over the previous year, according to analysis of U.S. Census Bureau data by Associated Builders and Contractors (ABC).
Nonresidential spending surged in November
Nonresidential construction surged in November, according to analysis of U.S. Census Bureau data by Associated Builders and Contractors (ABC). Nonresidential spending expanded to $712.4 billion on a seasonally adjusted, annualized rate in November, representing the highest level of spending in eight years.
Dodge Momentum Index stumbles in September
The Dodge Momentum Index fell 4.3 percent in September to 129.0 from its revised August reading of 134.8 (2000=100).
Nonresidential spending slips in August
Nonresidential construction spending fell for a second consecutive month in August, according to analysis of U.S. Census Bureau data by Associated Builders and Contractors.
