Construction Spending Real Time News items

• Construction Spending downward revision to October data - from flat to down 0.5% - keeping bonds buoyantPosted:04/01/2010 14:56 GMT by NeedToKnowNews
• Preview: October Construction SpendingPosted:01/12/2009 14:20 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 20:21 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 10:32 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 10:28 GMT by NeedToKnowNews
• Preview Construction SpendingPosted:02/11/2009 14:30 GMT by NeedToKnowNews
• Preview: August Construction SpendingPosted:01/10/2009 14:30 GMT by NeedToKnowNews
• Preview: July Construction SpendingPosted:02/09/2009 19:59 GMT by NeedToKnowNews
• Preview: July Construction SpendingPosted:02/09/2009 19:44 GMT by NeedToKnowNews
• OCTOBER CONSTRUCTION SPENDING DOWN 1.2%; AUGUST, SEPTEMBER DATA UPWARDLY REVISEDPosted:10/07/2009 9:27 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 20:50 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.