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ABC's Construction Economic Update covers the latest commercial and industrial construction economic news. Delivered electronically, it provides an analysis of the monthly economic indices released by the federal government, including construction spending, employment, the producer price index and the quarterly gross domestic product.  

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Posts Tagged 'Construction Spending'

We are pleased to present below all posts tagged with 'Construction Spending'. If you still can't find what you are looking for, try using the search box.

Nonresidential Construction Spending Falls in 13 of 16 Segments in April

WASHINGTON, D.C., June 1—Nonresidential construction spending fell 1.7 percent in April 2017, totaling $696.3 billion on a seasonally adjusted, annualized basis, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). 

Nonresidential Spending Loses Steam After Strong Start to Year

WASHINGTON, D.C., May 1—Nonresidential construction spending fell 1.2 percent in March, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Spending in the segment totaled $708.6 billion on a seasonally adjusted, annualized basis, however the decline is less dramatic than it may be perceived to be given that February’s initial estimate of $701.6 billion was upwardly revised to $717 billion, making it the highest level or spending recorded in the data series.

Public Nonresidential Construction Spending Rebounds; Overall Spending Unchanged in February

WASHINGTON, D.C., April 3—Nonresidential construction spending remained unchanged in February, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). The segment totaled $701.9 billion on a seasonally adjusted annualized rate for the month, marking the seventh consecutive month in which nonresidential spending sat above the $700 billion threshold.

Nonresidential Spending Slips to Start 2017

WASHINGTON, D.C., March 1—Nonresidential construction spending contracted during January, according to analysis of U.S. Census Bureau released today by Associated Builders and Contractors (ABC). Nonresidential spending fell 1.9 percent from December to $698.4 billion on a seasonally adjusted, annualized basis.  This represents the first month total nonresidential construction spending dipped below $700 billion since July 2016.

Nonresidential Spending Falters Slightly to End 2016

WASHINGTON, D.C., Feb. 1—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 released today by Associated Builders and Contractors (ABC). Nonresidential spending decreased from $713.1 billion in November to $708.2 billion in December on a seasonally adjusted, annualized basis.

Nonresidential Spending Thrives in Strong November Spending Report

WASHINGTON, D.C., Jan. 3—Nonresidential construction surged in November, according to analysis of U.S. Census Bureau data released today 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.

Nonresidential Construction Spending Gains Momentum

WASHINGTON, D.C., Dec. 1—Nonresidential construction spending totaled $699.7 billion on a seasonally adjusted, annualized basis in October, a 0.3 percent decrease from September’s significantly upwardly revised total, but an increase of 2.6 percent year-over-year according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC).

Nonresidential Construction Spending Down in September, but August Data Upwardly Revised

WASHINGTON, D.C., Nov. 1—Nonresidential construction spending fell 0.9 percent from August to September 2016, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending totaled $690.5 billion on a seasonally adjusted, annualized basis for the month, 0.7 percent below September 2015’s figure.

Nonresidential Spending Slips in August

WASHINGTON, D.C., Oct. 3—Nonresidential construction spending fell for a second consecutive month in August, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending totaled $686.6 billion on a seasonally adjusted, annualized basis for the month, 1.1 percent lower than July’s total of $694.1 billion (revised down from $701 billion) and 1.3 percent below August 2015’s figure.

Nonresidential Spending Inches Lower in July; June Data Upwardly Revised to Eight-year Record

WASHINGTON, D.C., Sept. 1—Nonresidential construction spending inched 0.3 percent lower in July largely due to a significant upward revision to June’s spending figure, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending totaled $701.4 billion on a seasonally adjusted annualized basis in July, the second highest month since November of 2008, right behind June, which was revised upward from $682 billion to $703.5 billion. Public nonresidential spending continued to falter, declining 3.2 percent for the month and 6.5 percent for the year.