U.S. Construction Spending Up 1.1% in June The U.S. government is reporting that total construction spending in June, 2022 was at a seasonally adjusted annual rate of $ 1,762.3 billion, which is 1.1% higher than May’s revised estimate and 8.3% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate
U.S. Construction Spending Down Slightly in May The U.S. government is reporting that total construction spending in May, 2022 was at a seasonally adjusted annual rate of $ 1,779.8 billion, which is 0.1% lower than April’s revised estimate and 9.7% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate
Changes in Consumer Spending in April A recent report from the U.S. Bureau of Economic Analysis says that, in April, personal income increased $ 89.3 billion, or 0.4% at a monthly rate, while consumer spending increased $ 152.3 billion, or 0.9%. Interestingly, the personal saving rate dropped slightly to 4.4% in April compared with 5%
U.S. Construction Spending Down Slightly in April The U.S. government is reporting that total construction spending in April, 2022 was at a seasonally adjusted annual rate of $ 1,744.8 billion, which is 0.2% lower than March’s revised estimate and 12.3% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate
Construction Spending Up Slightly in March The U.S. government is reporting that total construction spending in March, 2022 was at a seasonally adjusted annual rate of $ 1,730.5 billion, which is 0.1% higher than February’s revised estimate and 11.7% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of
Construction Spending Up 0.5% in February The U.S. government is reporting that total construction spending in February, 2022 was at a seasonally adjusted annual rate of $ 1,704.4 billion, which is 0.5% higher than January’s revised estimate and 11.2% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of
