Tag: U.S. Census Bureau

ABC: Nonresidential Spending Expands Again in February

According to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data, national nonresidential construction spending rose 1.2 percent in February. Seasonally adjusted nonresidential spending totaled $773.8 billion, a 4.8 percent increase over the same time last year.

New Home Sales Show Solid Growth in February

Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 667,00 units in February after an upwardly revised January report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest sales pace since March 2018.

Nonresidential Construction Spending Flat in December

National nonresidential construction spending remained virtually unchanged in December, according to Associated Builders and Contractors’ (ABC) analysis of U.S. Census Bureau data. Nonresidential spending totaled $750.5 billion on a seasonally adjusted annualized basis in December, up 4 percent year over year.

New home sales fall 5.5 percent in September

Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 553,000 units after downwardly revised August, July and June reports.

Residential housing starts increased in May, building permits declined

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced new residential construction statistics for May 2018.

April residential construction stats below expectations

"With single-family starts coming in below 900,000 and aggregate starts below 1,300,000, and despite double-digit percentage improvements over last year's results, this month's numbers are a bit disappointing," said Scott Volling, principal, PwC. 

February residential construction stats released

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for February 2018.

U.S. housing starts and permits for November exceeded expectations

According to Scott Volling, principal, PwC, “Housing starts and permits for November both exceeded consensus estimates, boosted by the highest number of single family starts since September of 2007."

Nonresidential construction spending stabilizes in August

Nonresidential construction spending expanded 0.5 percent in August, totaling $691.8 billion on a seasonally adjusted, annualized basis, according to an analysis of data from the U.S. Census Bureau by Associated Builders and Contractors (ABC). Though this represents an improvement from July’s total ($688.2 billion), nonresidential spending remains 3.4 percent below its year-ago level.
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