U.S. Infrastructure Spending

Referencing data from the U.S. Census Bureau’s construction put-in-place (CPIP) shows that total infrastructure spending, (not seasonally adjusted in constant 2009 dollars) decreased by 4.5% three months year on year, (y/y) to $49.4 billion, (B). On a twelve month y/y comparison, spending was down 1.9% to $173.4B resulting in negative 2.6% momentum. Table 1 presents [...]

Portland Cement Shipments

Cement consumption moved-up in July for the second month in a row. For the three months total (3MMT), ending July, national Portland cement shipments rose by 2.6% on a 3MMT year on year (y/y), basis. Five of the nine census regions posted higher 3MMT cement shipments y/y. Figure 1 shows the three month moving average shipments [...]

Dodge Momentum Index

The Dodge Momentum Index fell 3.1 points in August to 129.1 or -2.3% month on month, (m/m) from its revised July reading of 132.2. A large drop in the commercial sub-index was the main reason for the decline. The Momentum Index is a monthly measure of the initial report for nonresidential building projects in planning, [...]

Portland Cement Shipments

Cement consumption ticked up in June after a down month in May. For the three months total (3MMT), ending June, national Portland cement shipments rose by 0.8% on a 3MMT year on year (y/y), basis. Four of the nine census regions posted higher 3MMT cement shipments y/y. Portland cement shipment data comes from the United [...]

Construction Put in Place

The U.S. construction market continues to perform well having recorded positive growth for 72 consecutive months. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that July total construction expenditures grew by 4.1% year on year (y/y), to $1212.2 billion (B). Private expenditures advanced 7.1% y/y, while, State & Local contracted by 4.0% y/y. [...]