Construction Spending Flat In July

Jan. 13, 2005
Compiled By Jill Jusko Construction spending during July 2002 was estimated at a seasonally adjusted annual rate of $834.1 billion, a figure that is virtually unchanged from the previous month and 1.1% below the figure for the same month a year ago, ...
Compiled ByJill Jusko Construction spending during July 2002 was estimated at a seasonally adjusted annual rate of $834.1 billion, a figure that is virtually unchanged from the previous month and 1.1% below the figure for the same month a year ago, the U.S. Commerce Department's Census Bureau reported Sept. 4. Spending on new residential housing was at a seasonally adjusted rate of $295.4 billion in July, up 0.1% above the revised June estimate. Non-residential building construction was at a rate of $162.1 billion, seasonally adjusted. Public construction was estimated at a seasonally adjusted annual rate of $198.7 billion, 0.9% above the previous month.

Popular Sponsored Recommendations

Managing Supply Chain Risk in Aerospace and Defense!

Dec. 6, 2023
A&D companies need to adopt digital technologies that enable greater collaboration, active monitoring of leading risk indicators, & integration of supply chain risk factors into...

Five Ways Aerospace and Defense MRO Can Prepare for the New Normal!

Dec. 6, 2023
The right tools can help A&D suppliers track the essentials & ultimately, boost their margins. Advanced analytics can also help determine the profitability of contracts, drive...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

The Executive Guide to Best Practices for Ecommerce Integration

Oct. 2, 2023
Get ready to elevate your post-checkout experiences and thrive in today's unpredictable market. Learn why integration and automation are crucial to run operations more smoothly...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!