Tag Archive for ‘construction spending’

Construction Spending Rises in December

NAHB analysis of Census construction spending data shows that total private residential construction spending for December increased to a seasonally adjusted annual rate of $430 billion. On a month-over-month basis, private single-family spending was $231 billion, up by 1% over the revised November estimate. Private multifamily spending also increased to $53 billion, up by 2.66%. Over the same period, private… Read More ›

Construction Spending Rises in November; Significant Improvement Spending Revisions

NAHB analysis of Census construction spending data shows that total private residential construction spending for November increased to a seasonally adjusted annual rate of $428 billion. On a month-over-month basis, private single-family spending was $227 billion, up by 0.6% over the revised October estimate. But private multifamily spending decreased to $57 billion, down by 0.7%. Annually, the pace of multifamily… Read More ›

October Gains for Residential Construction Spending

NAHB analysis of Census construction spending data shows that total private residential construction spending for October increased to a seasonally adjusted annual rate of $399 billion. On a month-over-month basis, private single-family spending was $226 billion, up by 1.6% over the revised September estimate. Private multifamily spending increased to $58 billion, up by 1.4%. Annually, the pace of multifamily spending… Read More ›

Residential Construction Spending Continued Rising in September

NAHB analysis of Census construction spending data shows that total private residential construction spending for September increased, rising to a seasonally adjusted annual rate of $395 billion. On a month-over-month basis, private single-family spending was $222 billion, up by 1.3% over the revised August estimate. Private multifamily spending increased to $57 billion, up by 5%. Annually, the pace of multifamily… Read More ›

Residential Construction Spending Rose in August

NAHB analysis of Census Construction Spending data shows that total private residential construction spending for August continued to increase, rising to a seasonally adjusted annual rate of $390 billion. On a month-over-month basis, private single-family spending was $219 billion, up by 0.7% over the revised July estimate. Private multifamily spending increased to $53 billion, up by 4.8%, reversing the decline… Read More ›

July Gains for Residential Construction Spending

NAHB analysis of Census Construction Spending data shows that total private residential construction spending for July continued to increase, rising to a seasonally adjusted annual rate of $387 billion. On a month-over-month basis, private single-family spending was $218 billion, up by 2.1% over the revised June estimate. Private multifamily spending declined to $52 billion, down by 2.2%, after three months… Read More ›

June Gains for Residential Construction Spending

NAHB analysis of Census Construction Spending data shows that total private residential construction spending for June increased to a seasonally adjusted annual rate of $378 billion. On a month-over-month basis, private multifamily spending increased to $52 billion, up by 2.82% over the revised May estimate, while private single-family spending was $211 billion, a slight decline of 0.27% after two months… Read More ›

May Gains for Residential Construction Spending

NAHB analysis of Census Construction Spending data shows that total residential construction spending for May increased to a seasonally adjusted annual rate of $366.1 billion. On a month-over-month basis, multifamily spending was $48.7 billion, up by 0.2% over the revised April estimate, while the single-family spending was $209.4 billion, an increase of 0.03% from April. Annually, multifamily spending rose 20.8%… Read More ›

April Gains for Residential Construction Spending

NAHB analysis of Census construction spending data finds that the pace of residential construction spending improved on both a monthly and year-over-year basis for April. For the month, the seasonally adjusted annual rate of single-family construction spending was $206 billion, up 1.6% from March. The April rate of multifamily construction spending was $51 billion, 3.1% higher than March. On a year-over-year basis, the pace of single-family construction spending… Read More ›

Declines for Residential Construction Spending in March

NAHB analysis of Census construction spending data finds that over the last year, the pace of private single-family construction spending increased 7.8% and multifamily construction spending increased 23.4%, despite monthly declines for March. For the month, the seasonally adjusted annual rate of single-family construction spending was $200.7 billion, down 1.8% from February. The March rate of multifamily construction spending was $49.2 billion, 2.1% lower than February. The… Read More ›