EconoIndicators /

Construction Spending At a Glance

Total Construction Spending: $1,162.8 billion
Monthly Change: Up 0.3%%
Year-to-year Change: Down 0.8%
Private Residential Spending: $511.4 billion
Monthly Change: Down 1.4%
Private Non-residential: $357.7 billion
Monthly Change: Up 1.5%

SEPTEMBER 2007 CONSTRUCTION AT $1,162.8 BILLION ANNUAL RATE

The U.S. Census Bureau of the Department of Commerce announced today that construction spending during September
2007 was estimated at a seasonally adjusted annual rate of $1,162.8 billion, 0.3 percent (±1.8%)* above the revised
August estimate of $1,159.2 billion. The September figure is 0.8 percent (±2.2%)* below the September 2006 estimate of
$1,172.1 billion.

During the first 9 months of this year, construction spending amounted to $872.2 billion, 3.2 percent (±1.4%) below the
$901.0 billion for the same period in 2006.

PRIVATE CONSTRUCTION

Spending on private construction was at a seasonally adjusted annual rate of $869.0 billion, 0.2 percent (±1.1%)* below
the revised August estimate of $871.0 billion. Residential construction was at a seasonally adjusted annual rate of $511.4
billion in September, 1.4 percent (±1.3%) below the revised August estimate of $518.6 billion. Nonresidential
construction was at a seasonally adjusted annual rate of $357.7 billion in September, 1.5 percent (±1.1%) above the
revised August estimate of $352.4 billion.

PUBLIC CONSTRUCTION

In September, the estimated seasonally adjusted annual rate of public construction spending was $293.8 billion, 1.9
percent (±2.7%)* above the revised August estimate of $288.2 billion. Educational construction was at a seasonally
adjusted annual rate of $84.6 billion, 2.3 percent (±4.5%)* above the revised August estimate of $82.7 billion. Highway
construction was at a seasonally adjusted annual rate of $76.0 billion, 0.3 percent (±6.6%)* above the revised August
estimate of $75.8 billion.

Construction Spending July 2007 [PDF]

Construction Spending September 2007 [Excel]

Source: Commerce Department, Census Bureau

Rate this:

3.0

Share and Enjoy: