Public and Private Construction Spending Essentially Unchanged

Public and Private Construction Spending Essentially Unchanged. with new single-family construction spending nearly identical to that. 264.75 billion. Multifamily construction spending picked up some of. year-over-year. Overall.

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Spending on construction was almost flat in April. The Census Bureau said total expenditures of both public and private money was essentially unchanged from the seasonally adjusted estimate in March of $1.30 trillion.

 · January construction spending, which totaled $1.26 trillion, remained essentially unchanged from December’s upwardly revised figure, according to the U.S. Census Bureau. January 2018, however, saw.

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"Construction spending in January showed a mixed pattern, with noteworthy increases in public outlays and single-family homebuilding balancing out declines in private nonresidential and multifamily investments," said Ken Simonson, the association’s chief economist.

 · ”Construction spending in January showed a mixed pattern, with noteworthy increases in public outlays and single-family homebuilding balancing out declines in private nonresidential and multifamily investments,” said Ken Simonson, the association’s chief economist.

Spending in August was revised up to a 0.8% gain from the prior estimate of a 0.1% increase. This was the strongest gain since april. private outlays rose 0.3% in September but there was a large 0.9%.

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Private construction spending was essentially unchanged at a seasonally adjusted (SA) rate in April after advancing 0.7 percent in March. Year-to-date NSA spending was 13.0 percent higher than the same period in 2013. Public construction spending rose for the second month in a row, up 0.8 percent in April after increasing 0.3 percent in March.

Construction Spending in January Matches December, Rises From a Year Ago. and public construction spending gained 1.8 percent. On a year-over-year basis, private residential construction.

Among the three largest public categories, highway and street construction spending jumped 17.2 percent, educational construction climbed 8.9 percent and transportation (airports, transit, rail and port) construction increased 6.2 percent. private nonresidential spending declined 2.9 by percent from March to April but the four-month total was 2.

Private spending decreased and public spending was essentially unchanged in March: Spending on private construction was at a seasonally adjusted annual rate of $987.5 billion, 2.1 percent below the revised February estimate of $1,009.1 billion.. In March, the estimated seasonally adjusted annual rate of public construction spending was $297.