From the Census Bureau reported that overall construction spending increased: Construction spending during February 2024 was estimated at a seasonally adjusted annual rate of $2,091.5 billion, 0.3 ...
Washington, DC, September 4, 2024-National nonresidential construction spending decreased 0.2% in July, according to an ...
Construction spending reveals how much the government and private companies spend on projects, from housing to highways. The ...
Washington, DC, September 3, 2024-Construction spending during July 2024 was estimated at a seasonally adjusted annual rate ...
U.S. manufacturing contracted at a moderate pace in August amid some improvement in employment, but a further decline in new ...
Fluctuations in recent months stem from a worsening shortage of qualified workers, according to AGC’s chief economist.
The Commerce Department released a repot on Tuesday unexpectedly showing a decrease by U.S. construction spending in the month of ...
U.S. construction spending fell more than expected in July as higher mortgages and increased supply weighed on single-family ...
Nonresidential construction spending was down 0.2% in July, according to an Associated Builders and Contractors (ABC) ...
Total construction spending ticked up to a record of $199 billion in July, up by 7.5% from a year ago. Read more here.
Private nonresidential spending decreased 0.4%, while public nonresidential construction spending was up 0.2% in July.
Elevated mortgage interest rates have cooled the housing market, dampening home builder confidence and new home starts.