Tag Archives: construction spending

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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