US construction spending fell 2.1% in May

July 1, 2020 9:29 am Leave a comment

U.S. construction spending fell for a second month in May with both home building and nonresidential activity declining.

Tagged with: Commerce Department construction spending

April construction spending falls 2.9% as virus upends work

June 1, 2020 1:19 pm Leave a comment

FILE - In this May 27, 2020 file photo, workers build a protective barrier as construction resumed on the New York Islanders' new arena, in Elmont, N.Y. U.S. construction spending fell 2.9% in April with all major sectors dropping as the shutdowns from the coronavirus had a big impact on the construction industry. The Commerce Department said that the April decline followed a basically flat reading in March (AP Photo/Kathy Willens, File)

U.S. construction spending fell 2.9% in April, showing the largest drop in 18 months, with broad declines across all building activity as shutdowns hobbled projects and workers were told to stay home.

Tagged with: Construction construction spending U.S. Department of Commerce

US construction spending increases 0.9% in March

May 1, 2020 10:13 am Leave a comment

Workers put up a building under construction on Dec. 3, 2019, in Philadelphia. U.S. construction spending edged up 0.9% in March as building activity escaped the early effects of the coronavirus shutdowns. The Commerce Department said that the increase followed a 2.5% drop in spending in February.(AP Photo/Matt Rourke, File)

U.S. construction spending edged up by 0.9% in March as building activity escaped the early effects of the coronavirus shutdowns.

Tagged with: construction spending U.S. Department of Commerce

US construction spending up 0.6% in November, led by housing

January 3, 2020 11:37 am Leave a comment

A construction crew helps put up a building in Philadelphia. on Dec. 3.. (AP Photo/Matt Rourke, File)

Spending on U.S. construction projects rose a solid 0.6% in November as gains in home building and government projects offset weakness in nonresidential construction.

Tagged with: Construction construction spending

US construction spending rises 0.5% in September

November 1, 2019 10:11 am Leave a comment

The Milwaukee skyline has seen its share of changes over the past few years.

U.S. construction spending rose by 0.5% in September, boosted by government and private residential projects.

Tagged with: construction spending Residential Construction U.S. Department of Commerce

US construction spending rose a slight 0.1% in July

September 3, 2019 12:21 pm Leave a comment

Ironworkers help build a commercial and residential building in Philadelphia on June 1. U.S. construction spending ticked up just 0.1% in July, the Commerce Department reported on Tuesday. (AP Photo/Matt Rourke, File)

U.S. construction spending ticked up just 0.1% in July, aided by government spending on schools, sewers and the water supply.

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US construction spending drops 1.3% in June

August 1, 2019 9:32 am Leave a comment

A construction worker carries bars on July 29 while helping build a scaffolding on the side of a hotel in the Mount Vernon section of Baltimore. The U.S. Commerce Department reported Thursday that construction spending fell by 1.3% in June. (AP Photo/Julio Cortez, File)

Spending on U.S. construction projects fell in June by the largest amount in seven months, a result of weakness in home building, nonresidential construction and the largest drop in spending on government projects in 17 years.

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Construction spending climbs despite housing slump

July 16, 2019 11:44 am Leave a comment

The latest BuildFax Housing Health Report revealed blanket year-over-year declines in single-family housing authorizations, maintenance and remodel volumes. However, spend on the existing housing stock increased within the same time frame, likely a result of a tightening construction labor and materials markets.

Tagged with: construction spending housing

US construction spending falls 0.8% in May

July 1, 2019 11:50 am Leave a comment

A crew works in June on a townhouse home in Mechanicsville, Virginia. The U.S. Department of Commerce reported Monday that Spending on U.S. construction projects fell in May, showing the first decline in six months,. (AP Photo/Steve Helber)

Spending on U.S. construction projects decreased in May, showing the first drop in six months, as home building fell for a fifth straight month.

Tagged with: construction spending

Construction spending flat in April as residential work slowed

June 3, 2019 9:47 am Leave a comment

Roofers work on a new house in Pepper Pike, Ohio, in March 2014. Spending on U.S. construction projects was unchanged in April as another decline in house construction was offset by a big gain in government spending on projects like highways and hospitals. (AP Photo/Tony Dejak, File)

Spending on U.S. construction projects was unchanged in April as another decline in home construction was offset by a big gain in government spending on projects like highways and hospitals.

Tagged with: construction spending