Total U.S. construction spending continued to perform well in July, especially in the state and local sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that July’s twelve month total, (12MT) construction expenditures grew by 4.8% year on year (y/y), to $1271.7 billion (B). On a 12MT basis, private expenditures advanced 4.7% y/y, [...]
Total U.S. construction spending continued to perform well in June, especially in the federal sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that June’s twelve month total, (12MT) construction expenditures grew by 4.3% year on year (y/y), to $1262.9 billion (B). On a 12MT basis, private expenditures advanced 4.6% y/y, while, State [...]
Construction Put-in-Place, (CPIP): Total U.S. construction spending continued to perform well in May, especially in the federal sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that May’s twelve month total, (12MT) construction expenditures grew by 4.0% year on year (y/y), to $1256.0 billion (B). On a 12MT basis, private expenditures advanced 4.8% [...]
May’s ABI national overall score of 52.8 was up 0.8 points from April’s 52.0 but still in the expansionary zone, (>50). U.S. architecture firms with emphasis on commercial and/or institutional specialization reported exceptional strong billings. Regionally activity was especially strong in the Southern region. The new projects inquiry index came in at 59.3, up 2.7 [...]
The May Bureau of Labor Statistics producer prices index, (PPI), all commodities PPI, rose 1.6% for the highest m/m gain since January 2017. On a 12 month year on year, (y/y) comparison, the all commodities PPI rose 4.3%. Inflation beyond the 2% annual goal by the Federal Reserve will likely result in an interest rate [...]
U.S. national Portland cement shipments in March totaled 7.935 million, (Mt) short tons. For the three months total (3MMT), ending March, cement shipments were up 2.8% year on year, (y/y). Figure 1 presents a map of the U.S. by census region. The tonnage values are in 3MMT and the percentage change is 3MMT y/y. Green [...]
Total U.S. construction spending continued to perform well in April, especially in the federal sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that April’s twelve month total, (12MT) construction expenditures grew by 4.1% year on year (y/y), to $1250.2billion (B). On a 12MT basis, private expenditures advanced 5.1% y/y, while, State & [...]
April's ABI national overall score of 52.0, up 1.0 point from March’s 51.0 but still well into the expansionary zone, (>50). Although business conditions in the Midwest and Southern weakened, it remained strong in the Northeast and West regions. The new projects inquiry index came in at 56.7, down 1.4 points from last month, while [...]
The Bureau of Labor Statistics producer prices index, (PPI) excluding food and energy, the final demand goods PPI rose 0.1% for the month of April, this being the fourth consecutive month to increase. The PPI for all commodities was down 0.2% month on month, (m/m). On a 12 month year on year, (y/y) comparison, the [...]
Total U.S. construction spending continued to perform well in March, especially in the federal sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that March’s twelve month total, (12MT) construction expenditures grew by 3.8% year on year (y/y), to $1241.9billion (B). On a 12MT basis, private expenditures advanced 5.0% y/y, while, State & [...]
