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.

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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.

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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.

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Construction hiring up, spending down across US

May 1, 2019 1:40 pm Leave a comment

A worker walks along a structure being built for the NFL Draft in Nashville, Tennessee, on April 9. Construction spending in March fell to a seasonally adjusted annual rate of $1.28 trillion, while spending on projects dropped in March for the first time in four months. (AP File Photo/Mark Humphrey)

U.S. companies in April added the most jobs in 9 months, a sign that hiring remains strong amid solid economic growth.

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US construction spending up strong 1 percent in February

April 1, 2019 9:53 am Leave a comment

A crew works on an outdoor observation deck on the 30 Hudson Yards office building in New York on March 8. The U.S. Commerce Department reported construction spending rose by 1 percent in February. (AP Photo/Mark Lennihan, File)

U.S. construction spending rose a solid 1 percent in February, led by a strong gain in spending on government projects, which hit an all-time high.

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US construction spending up strong 1.3 percent in January

March 13, 2019 8:37 am Leave a comment

A worker on Feb. 20 carries interior doors that will be installed in a just-completed new home in north Dallas. The U.S. Commerce Department reported on Wednesday that spending on U.S. construction projects in January showed its biggest gain in nine months. (AP Photo/LM Otero)

Spending on U.S. construction projects in January showed its biggest gain in nine months, as strength in nonresidential construction and government projects offset continued weakness in home construction. The Commerce Department says that construction spending rose 1.3

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US construction spending drops 0.6 percent in December

March 4, 2019 11:47 am Leave a comment

A construction crew works on Feb. 20 on an already sold new home in Dallas. U.S. construction spending edged down by 0.6 percent in December. The biggest declines in residential construction and government projects. Even with the setback, construction spending for all of 2018 rose to a new record, although the annual increase was the smallest seen in seven years. (AP Photo/LM Otero, File)

U.S. construction spending edged down 0.6 percent in December, showing declines for residential construction and government projects. But even with the setback in December, construction spending for all of 2018 reached record levels, although it was the smallest increase seen in seven years.

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