The U.S. Census Bureau estimated December 2023 construction spending increased 0.9% in December to a seasonally adjusted annual rate of $2,096.0 billion.
Tag: Wells Fargo Economics
Inflation Increases Slightly in December
The headline inflation rate increased modestly during December, the Bureau of Labor Statistics reported Thursday.
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 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 Spending Increases for Fifth Consecutive Month
The Census Bureau on Monday reported construction spending increased in May to a seasonally adjusted annual rate of $1,925 billion, 0.9 percent above the bureau’s revised April estimate.
Builder Confidence Moves into Positive Territory
Solid demand, low existing inventory and improving supply chain efficiency shifted builder confidence into positive territory in June for the first time in 11 months, the National Association of Home Builders/Wells Fargo Housing Market Index reported.
Construction Spending Climbs Slightly
Construction spending rose 1.2% during April, the Census Bureau reported Thursday.
April Existing Home Sales Down 3.4%
April existing home sales fell by 3.4 percent, but showed potential signs of stabilizing, the National Association of Realtors reported Thursday.
April Housing Starts Up 2.2%
Housing starts posted a modest increase in April, the Census Bureau and HUD reported Wednesday.