Tags: Commerce Department

Construction spending down for second straight month

Nov 04, 2014

Construction spending down for second straight month

U.S. construction spending dropped for the second straight month in September, this time by .4 percent. In August construction spending dropped .5 percent. The September decline pushed construction spending down to $950.9 billion at a seasonally adjusted annual rate. The good ...

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Construction spending slightly down in August

Oct 02, 2014

Construction spending slightly down in August

U.S. construction spending saw its second dip of the year in August, falling 0.8 percent. Spending was at a seasonally adjusted annual rate of $961 billion in August, according to preliminary estimates in a report from the Commerce Department. In addition to ...

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Nonresidential projects push construction spending to largest monthly gain in more than 2 years in July

Sep 03, 2014

Nonresidential projects push construction spending to largest monthly gain in more than 2 years in July

After seeing its first drop in one year during June, construction spending in the U.S. fully recovered and then some in July, with its largest monthly gain in more than two years. Construction spending rose 1.8 percent to a seasonally adjusted ...

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Construction employment rises by 6,000 jobs in June

Jul 04, 2014

Construction employment rises by 6,000 jobs in June

For six straight months, the U.S. construction industry has added jobs and held tight to its highest employment figures in five years. However, there have been signs of slipping as growth of its workforce slowed considerably in May and fell ...

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Construction employment rises by 6k jobs in May

Jun 11, 2014

Construction employment rises by 6k jobs in May

The U.S. construction industry notched its fifth straight month of employment gains in May but saw growth fall off considerably. The industry added 6,000 jobs in May, compared to April’s revised number of 34,000. The original April data from the Commerce ...

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Construction spending rises 0.1% in February, homebuilding falls 0.8%

Apr 02, 2014

Construction spending rises 0.1% in February, homebuilding falls 0.8%

Construction spending in the U.S. ticked up 0.1 percent in February despite a decline in homebuilding, according to preliminary data from the Commerce Department. Total spending rose in February to a seasonally adjusted annual rate of $945.7 billion from the revised ...

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Construction spending inches up 0.1% in December

Feb 04, 2014

Construction spending inches up 0.1% in December

U.S. construction spending slightly rose 0.1 percent in December, according to a report from our sister site, Equipment World. The figures come from preliminary data from the Commerce Department, which show that total construction spending reached a seasonally adjusted annual rate ...

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U.S. housing starts drop 10% in December

Jan 20, 2014

U.S. housing starts drop 10% in December

Housing starts in the U.S. dropped 10 percent in December, according to a report from our sister site Equipment World. The decrease follows a 22.7-percent rise in home construction in November--the highest monthly gain in 24 months. The figures come from new ...

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Construction spending rises 1% in November

Jan 06, 2014

Construction spending rises 1% in November

U.S. construction spending rose 1 percent in November to a nearly 5-year high, according to a report from our sister site, Equipment World. The figures come from preliminary data from the Commerce Department, which show that total construction spending reached a ...

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Construction spending rises 0.8% in October

Dec 02, 2013

Construction spending rises 0.8% in October

U.S. construction spending rose 0.8 percent in October to its highest mark since May 2009, according to a report from our sister site, Equipment World. The figures come from preliminary data from the Commerce Department, which show that total construction spending ...

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Building permits rise 6.2% in October

Nov 29, 2013

Building permits rise 6.2% in October

Building permits rose 6.2 percent in October, according to a report from our sister site, Equipment World. The figures come from new Commerce Department data, which show that building permits rose in October to a seasonally adjusted annual rate of 1.034 ...

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Construction spending rises 0.6 percent in August to $915 billion

Oct 23, 2013

Construction spending rises 0.6 percent in August to $915 billion

U.S. construction spending rose 0.6 percent in August to its highest mark since April 2009, according to a report from our sister site, Equipment World. The figures come from preliminary data from the Commerce Department, which show that total construction spending ...

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