Tag Archives: construction spending

Spending Down Again in December

Nonresidential construction spending dipped for the second month in a row in December, according to Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data. The month saw a 0.4-percent decline, as spending totaled $681.2 billion on a seasonally … Continue reading

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October Construction Spending Notably High

Construction spending in October reached the highest level in nearly eight years, according to an analysis by the Associated General Contractors of America (AGC). However, with growth shown in all major categories, AGC officials caution that demand for construction appears … Continue reading

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Construction Spending Heightened in September

Despite stagnant activity in the nonresidential sector, construction spending in September reached a new seven-year high and climbed at the fastest rate since early 2006, according to an analysis by the Associated General Contractors of America (AGC). Total spending on … Continue reading

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August Construction Spending Reaches Highest Level Since ’08, Fastest Growth Since ’06

Construction spending in August reached a seven-year high and climbed at the fastest rate since 2006, according to an analysis by the Associated General Contractors of America (AGC). Association officials noted that growing demand for construction was likely to add … Continue reading

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Big Year-Over-Year Boost in July Construction Spending

Nonresidential construction spending in July saw its highest year-over-year percentage increase since April 2008, according to the Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data. Spending expanded 0.5 percent in July and is up 12.7 percent since … Continue reading

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June Construction Spending Makes Big Year-Over-Year Jump

Construction spending in June was up 12 percent from June 2014, marking the month’s highest year-over-year growth rate since 2006, according to an analysis by the Associated General Contractors of America (AGC). Spending totaled $1.065 trillion at a seasonally adjusted … Continue reading

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Construction Spending Up in May

Construction spending in May totaled $1.036 trillion at a seasonally adjusted annual rate, its highest level since October 2008, according to the Associated General Contractors of America (AGC). May spending was 0.8 percent higher than in April and 8.2 percent … Continue reading

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ABI Increases in May after Dip in April

The Architectural Billings Index (ABI) was back up in May after its second monthly drop of the year. According to the American Institute of Architects (AIA), May’s ABI score was 51.9, up from 48.8 in April. The ABI reflects the … Continue reading

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February Construction Spending up for Year but Down for Month

Construction spending dipped slightly in February compared to January, but it increased year-over-year, according to an analysis by the Associated General Contractors of America (AGC). Spending in February totaled $967 billion at a seasonally adjusted annual rate, less than 0.1 … Continue reading

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Nonresidential Construction Spending Rises

Nonresidential construction spending increased 1.6 percent on a monthly basis in October after declining 1.3 percent in September, according to the December 2 release by the U.S. Census Bureau. On a year-over-year basis, nonresidential construction spending is down 0.7 percent … Continue reading

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