U.S. construction spending took a sharp and unexpected downturn in July, recording its worst performance since October 2022. The 0.3% decline, following a stagnant June, defied economists’ expectations of flat growth...
For the first time in 17 months, U.S. construction spending has declined, according to the latest data from the Census Bureau. Residential Construction: Saw a slight decline of 0.2% in May...
Total construction spending unexpectedly fell by 0.1% in April, according to the latest data from the Census Bureau. This follows a 0.2% drop in March and marks the second consecutive monthly...
In a notable development for the U.S. housing market, residential construction spending has climbed to its highest level since August 2022, signaling a robust resurgence in this sector. According to recent...
Single-family construction spending rose for the 10th straight month, according to the latest data from the Census Bureau. Mult-Family. Construction spending on multi-family fell to an estimated annual rate of 134.5...
Total construction spending rose more than expected in October, according to the latest data from the Census Bureau. Beat The Street. Economists projected a smaller increase of 0.4% in October. Residential....
Construction spending was worse than economists had expected with a slight dip in February, according to the latest data from the Census Bureau. Single-Family Slump Continues. Residential spending fell 0.6% in...
Construction spending unexpectedly fell to start 2023, according to the latest data from the Census Bureau. Single Family Slump. Residential spending fell 0.6% for the month thanks to a continued decline...
Construction spending fell more than expected to close out 2022, according to the Census Bureau’s latest construction spending report. Swing & A Miss. Economists predicted that spending would see a slight...
