Construction Spending Real Time News items

  • Preview: April Construction SpendingPosted:28/05/2010 18:50 GMT by NeedToKnowNews
    April construction spending is expected to rise slightly for the second straight month at 0.1%. Higher housing starts and higher existing home prices should bolster the figure. Housing starts rose by 5.8% and the median existing home price rose 4% in April.
  • Preview: March Construction Spending Forecast to Fall 0.7% vs. 1.3% Decline in FebruaryPosted:03/05/2010 15:10 GMT by NeedToKnowNews
    March Construction Spending is expected to drop 0.7% after a 1.3% fall in February. Although this will be the 5th straight decline In Construction spending, the pace of the declines will be slowing. Losses on commercial real estate continue to weigh on banks, limiting the availability of credit, and making it harder for construction projects to commence. A recovery in Construction Spending is unlikely to occur until both commercial and residential real estate prices pick up.
  • Preview: March Construction Forecast to Fall 0.7% vs. 1.3% Decline in FebruaryPosted:30/04/2010 20:21 GMT by NeedToKnowNews
    March Construction Spending is expected to drop 0.7% after a 1.3% fall in February. Although this will be the 5th straight decline In Construction spending, the pace of the declines will be slowing. Losses on commercial real estate continue to weigh on banks, limiting the availability of credit, and making it harder for construction projects to commence. A recovery in Construction Spending is unlikely to occur until both commercial and residential real estate prices pick up.
  • Preview: February US Construction Spending Expected to Drop 1.2% Following a 0.6% Decline PriorPosted:01/04/2010 14:53 GMT by NeedToKnowNews
    Construction Spending is expected to fall for a fourth consecutive month in February Headline Construction Spending has only manged to post two months of improvement over the past year The Construction data has continues to be plagued by ongoing weakness in residential construction Nonresidential Construction spending has revealed increased deterioration over the past several month January Residential Construction gained 1.1% following a 2.6% decline prior January Nonresidential Construction spending was down 1.4% after a 0.7% decline prior Private Construction Spending was down 0.6% in January following a 1.7% decline prior Public Construction Spending was down 0.7% following a 0.4% decline prior
  • Preview: February US Construction Spending Expected to Drop 1.2% Following a 0.6% Decline PriorPosted:31/03/2010 20:49 GMT by NeedToKnowNews
    Construction Spending is expected to fall for a fourth consecutive month in February Headline Construction Spending has only manged to post two months of improvement over the past year The Construction data has continues to be plagued by ongoing weakness in residential construction Nonresidential Construction spending has revealed increased deterioration over the past several month January Residential Construction gained 1.1% following a 2.6% decline prior January Nonresidential Construction spending was down 1.4% after a 0.7% decline prior Private Construction Spending was down 0.6% in January following a 1.7% decline prior Public Construction Spending was down 0.7% following a 0.4% decline prior
  • Construction Spending downward revision to October data - from flat to down 0.5% - keeping bonds buoyantPosted:04/01/2010 15:12 GMT by NeedToKnowNews
  • Preview: October Construction SpendingPosted:01/12/2009 14:36 GMT by NeedToKnowNews
    October Construction Spending is expected to fall 0.6% after a 0.8% rise in September, the largest increase in a year. However, there were large downward revisions to data in prior months and Construction Spending has declined in 10 out of the last 12 months. A recent bright spot has been Private Residential Construction, which rose 3.8% in August and 3.9% in September. Related data include: October aggregate construction employment hours fell 20.5% y-o-y after a 19.3% y-o-y decline in September September Single-Family Construction Spending rose 2.4% after a 4.6% increase prior September Multi-Family Construction Spending fell 4.1% after a 5.5% drop prior September Home Improvement Spending jumped 7.2% after a 5.7% increase prior September Private NonResidential Construction Spending declined 1.8% after a 1.8% drop prior September Public Construction rose 1.3% after a 1.1% decline prior
  • Preview: October Construction SpendingPosted:30/11/2009 20:37 GMT by NeedToKnowNews
    October Construction Spending is expected to fall 0.6% after a 0.8% rise in September, the largest increase in a year. However, there were large downward revisions to data in prior months and Construction Spending has declined in 10 out of the last 12 months. A recent bright spot has been Private Residential Construction, which rose 3.8% in August and 3.9% in September. Related data include: October aggregate construction employment hours fell 20.5% y-o-y after a 19.3% y-o-y decline in September September Single-Family Construction Spending rose 2.4% after a 4.6% increase prior September Multi-Family Construction Spending fell 4.1% after a 5.5% drop prior September Home Improvement Spending jumped 7.2% after a 5.7% increase prior September Private NonResidential Construction Spending declined 1.8% after a 1.8% drop prior September Public Construction rose 1.3% after a 1.1% decline prior
  • UK construction orders flat in 3mos to Sept, -5% v same period in 2008 -- ONSPosted:05/11/2009 10:48 GMT by NeedToKnowNews
    UK construction orders were flat in the three months to September compared to the prior three-month period, and were down 5% year on year, according to data from the Office for National Statistics (ONS). Orders were down 22% in the 12 months to September. In the three months to September vs a year ago, private housing orders fell 14%, while public and housing association housing orders rose 36%.
  • UK construction orders unch 3mos to Sept., -22% in 12 mos to Sept. -- ONSPosted:05/11/2009 10:44 GMT by NeedToKnowNews
  • Preview Construction SpendingPosted:02/11/2009 14:46 GMT by NeedToKnowNews
  • Preview: August Construction SpendingPosted:01/10/2009 14:46 GMT by NeedToKnowNews
  • Preview: July Construction SpendingPosted:02/09/2009 20:15 GMT by NeedToKnowNews
  • Preview: July Construction SpendingPosted:02/09/2009 20:01 GMT by NeedToKnowNews
  • OCTOBER CONSTRUCTION SPENDING DOWN 1.2%; AUGUST, SEPTEMBER DATA UPWARDLY REVISEDPosted:10/07/2009 9:43 GMT by NeedToKnowNews
    Total Construction Spending was down 1.2% in October, a bigger fall than expected, and the largest drop since July. The September number, originally a drop of 0.3%, was revised to unchanged from August. Also, the August figure was upwardly adjusted to show an increase of 2.4% (originally a 0.3% rise). October Private Construction fell 2% after an upwardly adjusted 0.4% rise prior. Residential Construction tumbled 3.5% (0.5% drop prior) while Nonresidential Construction fell 0.7% (1.1% increase previous). Public Construction rose 0.7% in October with State and Local Construction up 0.3% and Federal Construction jumping 5.5%.
  • SEPTEMBER CONSTRUCTION SPENDING DOWN 0.3%; AUGUST DATA UPWARDLY REVISEDPosted:09/07/2009 21:07 GMT by NeedToKnowNews
    Total Construction Spending was down 0.3% in September versus an upwardly revised 0.3% gain in August. Private Construction was up 0.1% overall but Residential Construction was down 1.3% versus an upwardly revised August level of 1.9%. Private Non-Residential Construction was up 1.2% versus a downwardly revised -1.6% in August. Public Construction fell 1.3% in September with State and Local Construction spending falling 0.8% and Federal Construction cratering 7% -- the largest drop since Feb-07. August Public Construction was upwardly revised from 0.8 to 1.3%; within that series, State and Local Construction was revised up 0.4% to 1.2% and Federal Construction was revised from up 1.1% to up 2.6%. Overall, Construction Spending came in better than expected in the headline data and much of the August data was revised upward.
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