Public and Private Construction Spending Essentially Unchanged

private sector spending was at a seasonally. in December to 15.94 billion while multi-family spending was essentially unchanged at $4.54 billion. Total spending on construction in the public sector.

Public nonresidential spending increased for the first time since October of 2016. "Today’s construction spending report essentially left the status quo unchanged," said ABC Chief Economist Anirban Basu. "Recent ABC construction confidence surveys indicate roughly flat spending expected over the next six months.

September 1, 2016 Private-Sector Outlays Rise 1.0 Percent for the Month While Public Sector Investments in Infrastructure, Other Construction Fall 3.1 Percent as New Survey Finds Most Firms Having Hard Time Finding Craft Workers Construction spending remained steady in July compared to June but is up by 5.6 percent for the first seven months of [.]

Public nonresidential spending increased for the first time since October of 2016. "Today’s construction spending report essentially left the status quo unchanged," said ABC Chief Economist Anirban Basu. "Recent ABC construction confidence surveys indicate roughly flat spending expected over the next six months.

Construction spending fell 2.6% in July, and was essentially unchanged in June. On a year-over-year basis, construction spending totaled a seasonally adjusted annual rate of $801.7 billion, or.

Total U.S. construction spending in October rose 0.5% to a seasonally adjusted annual rate of $1,172.6 billion on the first significant growth in public construction spending since January.

On a non-seasonally adjusted basis, expenditures by both public. spending was up 9.6 percent to an annual rate of $515.42 billion, although that was essentially unchanged from the August pace. but.

Spending on private construction was at a seasonally adjusted annual rate of $962.9 billion, 0.4 percent. In June, the estimated seasonally adjusted annual rate of public construction spending was $324.1 billion, 3.7 percent (2.0 percent) below the revised May estimate of $336.4 billion..

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Total public. are essentially flat on this basis. Overall construction spending in the private sector fell 0.4 percent in September, with spending on nonresidential projects falling 0.8 percent and.

WASHINGTON – Spending on U.S. construction projects was essentially unchanged in September, the weakest showing since June, as an increase in home construction was offset by a slide in spending.

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Construction spending was essentially unchanged in June, and fell 3% in May. On a year-over-year basis, construction spending totaled a seasonally-adjusted annual rate of $811.8 billion, or down.

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