|
|
Outlays for U.S. construction projects were unchanged in July
Construction Spending
Construction spending were flat in July after a gain in the last month, but has increased for the year,
Construction spending remained unchanged in July at annual rate at $1364.6 billion on the seasonally adjusted basis, reported by the Commerce Department. The stagnation in construction spending suggests that investors became more cautious on the economic growth.
|
 |
|
Outlays rose by 5.9 % in the past 12 months, led by public spending.
The construction of private projects remained unchanged equally to total construction production on the seasonally adjusted basis. Over the last 12 months, private construction outlays soared by 7.9 %.
|
|
| |
|
|
| Public Construction Spending
|
June outlays for U.S. construction projects were revised to $1364.6 billion to show 0.6 % growth.
The construction of public projects remained unchanged equally to total construction production on the seasonally adjusted basis. Over the last 12 months, public construction outlays soared by 7.8 %.
|
Construction Spending Seasonally Adjusted
( in millions $) Annual Rate |
July 2020
Prel. |
June 2020
Rest. |
May 2020
Prel. |
April 2020
Prel. |
March 2020
Prel. |
| Total Construction |
|
1,364,565 |
1,364,565 |
1,356,409 |
1,346,166 |
1,360,512 |
| Residential |
|
555,454 |
555,454 |
543,900 |
544,312 |
557,895 |
| Nonresidential |
|
809,111 |
809,111 |
812,509 |
801,854 |
802,618 |
| Lodging |
|
28,622 |
28,622 |
28,132 |
29,999 |
29,742 |
| Office |
|
81,279 |
81,279 |
80,771 |
78,762 |
79,264 |
| Commercial |
|
82,016 |
82,016 |
81,763 |
89,214 |
88,522 |
| Health care |
|
46,259 |
46,259 |
43,854 |
45,561 |
45,651 |
| Educational |
|
98,343 |
98,343 |
104,156 |
93,506 |
97,682 |
| Religious |
|
2,774 |
2,774 |
2,897 |
2,632 |
2,858 |
| Public safety |
|
16,225 |
16,225 |
14,029 |
13,455 |
13,275 |
| Amusement & recreation |
|
26,942 |
26,942 |
28,410 |
25,890 |
26,541 |
| Transportation |
|
57,615 |
57,615 |
57,255 |
53,939 |
55,463 |
| Power |
|
118,180 |
118,180 |
117,805 |
111,248 |
104,654 |
| Highway & street |
|
99,228 |
99,228 |
106,873 |
106,350 |
108,567 |
| Sewage & waste disposal |
|
27,620 |
27,620 |
25,890 |
26,451 |
25,710 |
| Water supply |
|
18,938 |
18,938 |
18,079 |
18,506 |
18,539 |
| Conservation & development |
|
9,279 |
9,279 |
8,194 |
8,584 |
8,705 |
| Manufacturing |
|
72,761 |
72,761 |
71,367 |
74,388 |
73,975 |
| |
|
|
|
|
|
|
| Total Private Construction
|
|
546,600 |
546,600 |
535,933 |
536,780 |
550,266 |
| Residential |
|
546,600 |
546,600 |
535,933 |
536,780 |
550,266 |
| New single family |
|
268,018 |
268,018 |
261,754 |
280,951 |
301,073 |
| New multi-family |
|
85,758 |
85,758 |
77,336 |
53,620 |
60,204 |
| Nonresidential |
|
466,860 |
466,860 |
465,275 |
467,278 |
462,276 |
| Lodging |
|
27,549 |
27,549 |
27,171 |
29,193 |
28,940 |
| Office |
|
69,507 |
69,507 |
69,680 |
68,099 |
67,981 |
| Commercial |
|
77,846 |
77,846 |
77,902 |
84,974 |
84,050 |
| Health care |
|
36,817 |
36,817 |
35,039 |
36,764 |
36,312 |
| Educational |
|
16,158 |
16,158 |
16,835 |
14,913 |
16,768 |
| Religious |
|
2,774 |
2,774 |
2,897 |
2,632 |
2,858 |
| Amusement & recreation |
|
12,215 |
12,215 |
14,104 |
12,670 |
13,019 |
| Transportation |
|
16,376 |
16,376 |
15,937 |
15,310 |
16,301 |
| Communication |
|
22,894 |
22,894 |
22,924 |
23,294 |
23,380 |
| Power |
|
110,982 |
110,982 |
110,712 |
104,546 |
98,022 |
| Manufacturing |
|
72,457 |
72,457 |
71,044 |
73,860 |
73,557 |
| |
|
|
|
|
|
|
| Total Public Construction |
|
351,105 |
351,105 |
355,200 |
342,108 |
347,969 |
| Residential |
|
8,854 |
8,854 |
7,967 |
7,532 |
7,628 |
| Nonresidential |
|
342,251 |
342,251 |
347,233 |
334,576 |
340,341 |
| Office |
|
11,772 |
11,772 |
11,091 |
10,663 |
11,284 |
| Commercial |
|
4,170 |
4,170 |
3,861 |
4,240 |
4,472 |
| Health care |
|
9,442 |
9,442 |
8,815 |
8,797 |
9,339 |
| Educational |
|
82,185 |
82,185 |
87,321 |
78,593 |
80,913 |
| Public safety |
|
16,108 |
16,108 |
13,953 |
13,375 |
13,164 |
| Amusement & recreation |
|
14,727 |
14,727 |
14,306 |
13,220 |
13,522 |
| Transportation |
|
41,239 |
41,239 |
41,318 |
38,629 |
39,162 |
| Power |
|
7,199 |
7,199 |
7,092 |
6,702 |
6,632 |
| Highway & street |
|
98,964 |
98,964 |
106,551 |
106,094 |
108,300 |
| Sewage & waste disposal |
|
27,264 |
27,264 |
25,599 |
26,132 |
25,406 |
| Water supply |
|
18,437 |
18,437 |
17,781 |
18,173 |
18,183 |
| Conservation & development |
|
9,232 |
9,232 |
8,151 |
8,548 |
8,655 |
Construction Spending by Month and Category Year on Year Growth at Annual Rate
Construction Spending Seasonally
Adjusted
Annuall Rate ( Y/Y in % ) |
July 2020
Prel. |
June 2020
Rest. |
May 2020
Prel. |
April 2020
Prel. |
March 2020
Prel. |
| Total Construction |
5.88 % |
6.03 % |
4.06 % |
3.67 % |
6.11 % |
| Residential |
8.32 % |
8.22 % |
5.43 % |
7.59 % |
10.04 % |
| Nonresidential |
4.26 % |
4.57 % |
3.17 % |
1.16 % |
3.53 % |
| Lodging |
-17.43 % |
-16.62 % |
-17.24 % |
-7.3 % |
-11.71 % |
| Office |
2.96 % |
2.95 % |
3.23 % |
0.7 % |
2.37 % |
| Commercial |
-0.65 % |
-1.26 % |
-0.25 % |
4.25 % |
2.84 % |
| Health care |
3.35 % |
8.1 % |
2.15 % |
5.71 % |
8.36 % |
Educational |
8.25 % |
8.46 % |
7.36 % |
-6.27 % |
0.98 % |
| Religious |
5.8 % |
0.84 % |
2.3 % |
-7.71 % |
-3.87 % |
| Public safety |
54.52 % |
63.87 % |
39.62 % |
35.5 % |
39.17 % |
| Amusement & recreation |
-3.09 % |
-2.97 % |
2.77 % |
-4.68 % |
-1.94 % |
Transportation |
2.56 % |
1.46 % |
-1.25 % |
-2.77 % |
5.17 % |
| Power |
18.75 % |
20.07 % |
17.75 % |
11.05 % |
3.63 % |
| Highway & street |
1.97 % |
-2.92 % |
-2.02 % |
-7.27 % |
3.47 % |
| Sewage & waste disposal |
-0.82 % |
3.21 % |
-4.28 % |
2.12 % |
6.15 % |
Water supply |
9.23 % |
17.74 % |
12.73 % |
9.73 % |
28.4 % |
| Conservation & development |
-4.56 % |
3.53 % |
-5.15 % |
-0.98 % |
1.81 % |
Manufacturing |
0.37 % |
2.29 % |
1.2 % |
8.63 % |
5.17 % |
| |
|
|
|
|
|
| Total Private Construction
|
7.87 % |
7.76 % |
5.15 % |
7.5 % |
9.85 % |
| Residential |
7.87 % |
7.76 % |
5.15 % |
7.5 % |
9.85 % |
| New single family |
-0.04 % |
1.68 % |
-1.37 % |
6.12 % |
14.41 % |
| New multi-family |
37.31 % |
29.55 % |
17.1 % |
-17.29 % |
-6.63 % |
| Nonresidential |
2.29 % |
2.45 % |
1.74 % |
2.77 % |
0.36 % |
| Lodging |
-18.23 % |
-16.99 % |
-16.66 % |
-5.97 % |
-11.58 % |
| Office |
1.4 % |
1.94 % |
2.56 % |
1.24 % |
1.53 % |
| Commercial |
-0.07 % |
-1.09 % |
0.23 % |
5.25 % |
3.03 % |
| Health care |
3.15 % |
7.34 % |
2.62 % |
10.01 % |
7.42 % |
| Educational |
-8.05 % |
-8.76 % |
-9.9 % |
-24.65 % |
-16.61 % |
| Religious |
5.8 % |
0.84 % |
2.3 % |
-7.71 % |
-3.87 % |
| Amusement & recreation |
-12.44 % |
-16.32 % |
-3.24 % |
-12.11 % |
-10.96 % |
| Transportation |
0.87 % |
-11.21 % |
-18.29 % |
-16.94 % |
-8.36 % |
| Communication |
0.33 % |
-0.72 % |
-1.79 % |
0.08 % |
0.74 % |
| Power |
18.58 % |
20.09 % |
17.3 % |
11.72 % |
3.12 % |
| Manufacturing |
0.29 % |
2.19 % |
1.09 % |
8.1 % |
4.81 % |
| |
|
|
|
|
|
| Total Public Construction |
7.82 % |
8.35 % |
5.58 % |
-0.71 % |
8.51 % |
| Residential |
46.71 % |
47.25 % |
28.92 % |
14.4 % |
26.1 % |
| Nonresidential |
7.08 % |
7.61 % |
5.14 % |
-1.01 % |
8.17 % |
| Office |
13.24 % |
9.34 % |
7.61 % |
-2.63 % |
7.78 % |
| Commercial |
-10.38 % |
-4.4 % |
-8.96 % |
-12.38 % |
-0.51 % |
| Health care |
4.1 % |
11.2 % |
0.32 % |
-9.11 % |
12.18 % |
| Educational |
12.16 % |
12.64 % |
11.48 % |
-1.73 % |
5.59 % |
Public safety |
56.86 % |
66.37 % |
41.89 % |
37.36 % |
40.31 % |
| Amusement & recreation |
6.33 % |
11.82 % |
9.47 % |
3.71 % |
8.67 % |
| Transportation |
3.24 % |
7.55 % |
7.39 % |
4.28 % |
12.05 % |
| Power |
21.56 % |
19.72 % |
25.28 % |
1.55 % |
11.89 % |
Highway & street |
2.01 % |
-2.92 % |
-2.13 % |
-7.19 % |
3.68 % |
| Sewage & waste disposal |
0.29 % |
4.53 % |
-3.23 % |
3.6 % |
8.14 % |
| Water supply |
8.14 % |
16.5 % |
12.53 % |
9.42 % |
27.91 % |
Conservation & development |
-4.64 % |
3.36 % |
-5.25 % |
-1.05 % |
1.56 % |
Construction Spending by Month and Category Month on Month Growth at Annual Rate
Construction Spending Seasonally
Adjusted
Annuall Rate ( M/M in % ) |
July 2020
Prel. |
June 2020
Rest. |
May 2020
Prel. |
April 2020
Prel. |
March 2020
Prel. |
| Total Construction |
0 % |
0.6 % |
0.76 % |
-1.05 % |
-0.45 % |
| Residential |
0 % |
2.12 % |
-0.08 % |
-2.43 % |
-2.39 % |
| Nonresidential |
0 % |
-0.42 % |
1.33 % |
-0.1 % |
0.94 % |
| Lodging |
0 % |
1.74 % |
-6.22 % |
0.86 % |
-1.28 % |
| Office |
0 % |
0.63 % |
2.55 % |
-0.63 % |
-0.54 % |
| Commercial |
0 % |
0.31 % |
-8.35 % |
0.78 % |
0.59 % |
| Health care |
0 % |
5.48 % |
-3.75 % |
-0.2 % |
6.2 % |
Educational |
0 % |
-5.58 % |
11.39 % |
-4.28 % |
1.27 % |
| Religious |
0 % |
-4.25 % |
10.07 % |
-7.91 % |
-3.71 % |
| Public safety |
0 % |
15.65 % |
4.27 % |
1.36 % |
16.96 % |
| Amusement & recreation |
0 % |
-5.17 % |
9.73 % |
-2.45 % |
-0.84 % |
Transportation |
0 % |
0.63 % |
6.15 % |
-2.75 % |
-0.88 % |
| Power |
0 % |
0.32 % |
5.89 % |
6.3 % |
-1.31 % |
| Highway & street |
0 % |
-7.15 % |
0.49 % |
-2.04 % |
5.63 % |
| Sewage & waste disposal |
0 % |
6.68 % |
-2.12 % |
2.88 % |
-2.96 % |
Water supply |
0 % |
4.75 % |
-2.31 % |
-0.18 % |
0.27 % |
| Conservation & development |
0 % |
13.24 % |
-4.54 % |
-1.39 % |
-15.29 % |
Manufacturing |
0 % |
1.95 % |
-4.06 % |
0.56 % |
1.09 % |
| |
|
|
|
|
|
| Total Private Construction
|
0 % |
1.99 % |
-0.16 % |
-2.45 % |
-2.49 % |
| Residential |
0 % |
1.99 % |
-0.16 % |
-2.45 % |
-2.49 % |
| New single family |
0 % |
2.39 % |
-6.83 % |
-6.68 % |
-3.4 % |
| New multi-family |
0 % |
10.89 % |
44.23 % |
-10.94 % |
3.31 % |
| Nonresidential |
0 % |
0.34 % |
-0.43 % |
1.08 % |
0.16 % |
| Lodging |
0 % |
1.39 % |
-6.93 % |
0.87 % |
0.02 % |
| Office |
0 % |
-0.25 % |
2.32 % |
0.17 % |
-0.36 % |
| Commercial |
0 % |
-0.07 % |
-8.32 % |
1.1 % |
-0.01 % |
| Health care |
0 % |
5.07 % |
-4.69 % |
1.24 % |
4.91 % |
| Educational |
0 % |
-4.02 % |
12.89 % |
-11.06 % |
-1.27 % |
| Religious |
0 % |
-4.25 % |
10.07 % |
-7.91 % |
-3.71 % |
| Amusement & recreation |
0 % |
-13.39 % |
11.32 % |
-2.68 % |
1.2 % |
| Transportation |
0 % |
2.75 % |
4.1 % |
-6.08 % |
1.24 % |
| Communication |
0 % |
-0.13 % |
-1.59 % |
-0.37 % |
-0.31 % |
| Power |
0 % |
0.24 % |
5.9 % |
6.66 % |
-1.07 % |
| Manufacturing |
0 % |
1.99 % |
-3.81 % |
0.41 % |
0.86 % |
| |
|
|
|
|
|
| Total Public Construction |
0 % |
-1.15 % |
3.83 % |
-1.68 % |
2.08 % |
| Residential |
0 % |
11.13 % |
5.78 % |
-1.26 % |
4.77 % |
| Nonresidential |
0 % |
-1.43 % |
3.78 % |
-1.69 % |
2.02 % |
| Office |
0 % |
6.14 % |
4.01 % |
-5.5 % |
-1.59 % |
| Commercial |
0 % |
8 % |
-8.94 % |
-5.19 % |
13.3 % |
| Health care |
0 % |
7.11 % |
0.2 % |
-5.8 % |
11.54 % |
| Educational |
0 % |
-5.88 % |
11.11 % |
-2.87 % |
1.81 % |
Public safety |
0 % |
15.44 % |
4.32 % |
1.6 % |
17.23 % |
| Amusement & recreation |
0 % |
2.94 % |
8.21 % |
-2.23 % |
-2.72 % |
| Transportation |
0 % |
-0.19 % |
6.96 % |
-1.36 % |
-1.74 % |
| Power |
0 % |
1.51 % |
5.82 % |
1.06 % |
-4.71 % |
Highway & street |
0 % |
-7.12 % |
0.43 % |
-2.04 % |
5.79 % |
| Sewage & waste disposal |
0 % |
6.5 % |
-2.04 % |
2.86 % |
-2.89 % |
| Water supply |
0 % |
3.69 % |
-2.16 % |
-0.05 % |
0.3 % |
Conservation & development |
0 % |
13.26 % |
-4.64 % |
-1.24 % |
-15.16 % |
|
