Posted on Wednesday, July 30, 2014 11:09 AM By Jeff Leieritz
Nonresidential fixed investment expanded 5.5 percent and residential fixed investment expanded 7.5 percent during the second quarter of 2014 according to a July 30 release by the Bureau of Economic Analysis. Overall, real gross domestic product (GDP) increased 4 percent (seasonally adjusted annual rate) during the second quarter of 2014 following a 2.1 percent decrease (revised from -2.9 percent) in the first quarter.
Posted on Friday, April 26, 2013 10:39 AM By Donna Puglisi
Evidence that the nation’s economy is being fueled by consumer purchases, nonresidential fixed investment grew 2.1 percent in the first quarter of this year, with 3 percent growth in equipment and software investments partially offset by a 0.3 percent decrease in investment in structures, according to April 26 report by the Commerce Department on gross domestic product (GDP).
Posted on Friday, October 5, 2012 1:39 PM By anonymous
In a sign the nation’s construction industry continues to struggle, the construction unemployment rate rose to 11.9 percent in September, up from 11.3 percent in August, according to the Labor Department’s Oct. 5 employment report. However, the construction unemployment rate is down from 13.3 percent the same time last year.
Posted on Wednesday, August 1, 2012 2:51 PM By anonymous
“Nonresidential construction spending in June was roughly in accordance with expectations,” said Associated Builders and Contractors (ABC) Chief Economist Anirban Basu. “The volume of spending was virtually unchanged for the month, reflecting an economy that is growing slowly, but with an insufficient level of confidence to produce significant numbers of new construction starts.
Posted on Friday, July 27, 2012 10:08 PM By Nathan Russell
Investment in the nation’s nonresidential structures rose 5.3 percent in the second quarter of the year, following a revised 7.5 percent increase in the first quarter of 2012, according to the July 27 gross domestic product report (GDP) by the U.S. Commerce Department.
Posted on Monday, July 2, 2012 9:28 AM By anonymous
Total construction spending in the nation – which includes both residential and nonresidential construction – increased 0.9 percent from April to May and is 7 percent higher from one year ago, according to the July 2 construction spending report from the U.S. Census Bureau. However, nonresidential construction was unchanged in May from the previous month, totaling $562.3 billion.