Construction Spending Sinks Again in June as Homebuilding Slumps and Manufacturing Surge Fades
An unexpected plunge in construction spending indicates the economy may be slowing more rapidly than thought.
construction spending
Construction Spending Spending Unexpectedly Tumbles As Commercial Building Stalls
Construction spending took a slight dip in April as both U.S. companies and the government hit the brakes on projects nationwide, feeling the squeeze of high interest rates. The Commerce Department reported Monday that spending on construction projects edged down
Construction Spending Rises For Ninth Straight Month
Subsidies and government spending are offsetting a good deal of the drag from higher interest rates.
Construction Spending Climbs for the 8th Straight Month
The Fed says that its interest rate policy is restrictive. The data on construction spending casts doubt on that.
Construction Spending Rises in June as Government Projects Hit Record High
Single-family home construction continued to rebound and factory construction spending is still rising.
Construction Spending Rises Much More Than Expected as Housing Rebounds
New single-family home construction spending rose 1.7 percent, giving more support to the idea that the housing market may have bottomed earlier this year and begun to recover.
Construction Spending Unexepectedly Rises
A big jump in spending on manufacturing facilities fueled an unexpected rise in November. Home building, however, remains in decline.
Construction Spending Falls For Third Straight Month
Single-family home construction spending dropped 2.9 percent.
Single Family Home Construction Spending Plunges 4%
In inflation adjusted terms, single-family home construction spending is probably down by twenty percent or more.
Home Construction Spending Plunges as Affordability Gets Hit By Rate Hikes
Private spending on single-family homes crashed 3.1 percent in June.
Housing Cracks: Construction Spending Declines for First Time in 8 Months
Single-family home construction came to a standstill.
New Homes Sales Cratered in April Amid Rising Rates and High Prices
A sharp slowdown in home sales can be a tell-tale sign that an economic slump is lurking ahead.
Sluggish Construction Spending Raises Risk of Recession ‘Around the Corner’
After adjusting for inflation, construction activity likely contracted in March.
Construction Spending Struggled to Keep Up With Bidenflation in December
Spending inched up while costs soared, indicating that real output in construction may be falling.
Carney: Real Construction Spending is Falling in Age of Bidenflation
Construction spending in the U.S. is up but prices of construction materials are up by even more.
Bidenflation: Home Construction Spending Slumps Despite House Shortage Pushing Prices Sky High
As prices of labor and construction materials soared, spending on building new homes actually declined in October.
Bidenflation Hits U.S. Construction: America Spent More to Build Fewer Houses in July
Spending to build new single-family homes rose sharply in July even though housing starts fell by more than expected, indicating that inflation is weighing on the housing market by pushing costs higher.
Bidenflation: Soaring Costs Bulldoze Gains in Home Construction Spending
Spending on the construction of single family homes is not keeping up with the rising costs of goods and services for residential building.
Carney: April Construction Spending Disappointed Because Public Safety Building Crashed Under Biden
A big part of the miss in construction spending for April was likely the collapse of border security building, including The Wall.
Flight from the Cities: Home Building Construction Spending Soars Again
Although overall construction spending was more sluggish than expected in April, new home building keeps climbing.
Construction Spending Kept Afloat By Houses While Commercial and Government Spending Sink
Construction spending rose by a tepid 0.2 percent in March. That’s better than the 0.6 percent drop in February but below the 2 percent gain expected.
Construction Spending Booms: Single-Family Homes Up 24.2%
Construction spending jumped 1.7 percent from December’s revised level to a seasonally adjusted annual rate of $1.52 trillion, the Commerce Department reported Monday. That was better than the eight-tenths of a percent forecast by economists.
Suburban Boom: Spending on New Homes and Home Improvements Up 16.1% Annually
The flight from the cities drove up spending on houses even as the weather turned colder in November.