November’s construction spending was virtually unchanged from the month before at a seasonally adjusted annual rate of $2,152.6 billion, the U.S. Census Bureau reported.
Tag: Construction Spending
Construction Spending Falls on a Monthly Basis in July, Census Bureau Reports
Construction spending in July was estimated at a seasonally adjusted annual rate of $2,162.7 billion, 0.3% below the revised June estimate, but 6.7% above the July 2023 estimate, the U.S. Census Bureau reported.
Construction Spending Dips Again in February
The U.S. Census Bureau reported construction spending dipped again during February to a seasonally adjusted annual rate of $2,091.5 billion, 0.3% below January’s $2,096.9 billion figure.
Construction Spending Grows Again in November
Construction spending grew at a seasonally adjusted annual rate of $2,050 billion during November, 0.4% higher than in October, the U.S. Census Bureau reported Tuesday.
Construction Spending Increases Again
The U.S. Census Bureau reported construction spending increased in August to a seasonally adjusted annual rate of $1,983.5 billion, 0.5 percent above the bureau’s revised July estimate.
Construction Posts 6th Straight Monthly Gain
Monthly construction spending started the year strongly, increasing for the sixth consecutive month, the Census Bureau reported Tuesday.
Building Materials, Labor Shortages Hold Back Construction
Construction spending, while up year over year, continues to be hampered by building materials shortages and difficulties finding labor, the Census Bureau reported Monday.