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Actual | Forecast | Previous | Revised Form | |
| -0.6% | -0.5% | -1.2% | N/A | ||
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Monthly Change for January
US construction spending was down 0.6% m/m in January, a third straight decline, to a seasonally adjusted $884.1 billion annual rate, after a 1.2% m/m decrease to a downwardly revised $889.6 billion annual pace in December, according to figures from the Commerce Department. January construction spending fell 9.3% y/y. |
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| 6/1 | 7/1 | 8/3 | 9/1 | 10/1 | 11/2 | 12/1 | 1/4 | 2/1 | 3/1 | ||
| Actual | 0.8% | -0.9% | 0.3% | -0.2% | 0.8% | 0.8% | 0.0% | -0.6% | -1.2% | -0.6% | |
| Forecast | -1.7% | -0.5% | -0.5% | -0.1% | -0.2% | -0.3% | -0.5% | -0.4% | -0.4% | -0.5% | |
| Previous | 0.4% | 0.6% | -0.8% | 0.1% | -1.1% | 0.8% | -1.6% | -0.5% | -1.2% | -1.2% | |
| Revised From | 0.3% | 0.8% | -0.9% | 0.3% | -0.2% | N/A | 0.8% | 0.0% | -0.6% | N/A | |
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Actual | Forecast | Previous | Revised Form | |
| -1.2% | -0.4% | -1.2% | -0.6% | ||
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Monthly Change for December
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Actual | Forecast | Previous | Revised Form | |
| -0.6% | -0.4% | -0.5% | 0.0% | ||
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Monthly Change for November
Provided by: Census Bureau Most Current Release: PDF |
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Actual | Forecast | Previous | Revised Form | |
| 0.0% | -0.5% | -1.6% | 0.8% | ||
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Monthly Change for October
US construction spending was unchanged m/m in October at a seasonally adjusted $910.77 billion annual rate after a downwardly revised 1.6% m/m drop in September and a downwardly revised 0.9% m/m decline in August, the Commerce Department said. October construction spending fell 14.4% y/y. |
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Actual | Forecast | Previous | Revised Form | |
| 0.8% | -0.3% | 0.8% | N/A | ||
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Monthly Change for September
Provided by: Census Bureau Most Current Release: PDF |
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Actual | Forecast | Previous | Revised Form | |
| 0.8% | -0.2% | -1.1% | -0.2% | ||
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Monthly Change for July
Provided by: Census Bureau Most Current Release: PDF |
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Actual | Forecast | Previous | Revised Form | |
| -0.2% | -0.1% | 0.1% | 0.3% | ||
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Monthly Change for Jun
Provided by: Census Bureau Most Current Release: PDF |
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Actual | Forecast | Previous | Revised Form | |
| 0.3% | -0.5% | -0.8% | -0.9% | ||
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Monthly Change for June
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Actual | Forecast | Previous | Revised Form | |
| -0.9% | -0.5% | 0.6% | 0.8% | ||
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Monthly Change for May
Construction spending slid 0.9% in May, a figure that disappointed forecasts and more than reverses the gains seen in May. It's the fourth time in five months that construction spending has been down, and implies that the housing market's recovery will be slow. Total residential construction fell 3.5%, while nonresidential construction was up 0.1%. |
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Actual | Forecast | Previous | Revised Form | |
| 0.8% | -1.7% | 0.4% | 0.3% | ||
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Monthly Change for April
Construction spending in the US rose 0.8% in April, a figure that came in way above expectations. It suggests that the housing slump may be easing as more commercial projects got under way. Residential construction was up 0.6%, with non-residential construction, including public projects, up 0.8%. Public construction was down 0.6%, but with money from the stimulus plan filtering down to the state and local level public construction is expected to increase in the coming months. Overall, the news is a welcome result and another piece of evidence pointing to a softening of the current recession. |
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