More Articles for Commerce Department
U.S. construction spending saw its second dip of the year in August, falling 0.8 percent. Spending was at a seasonally adjusted annual rate of $961 billion in August, according to preliminary estimates in a report from the Commerce Department. In addition to ...
Nonresidential projects push construction spending to largest monthly gain in more than 2 years in July
After seeing its first drop in one year during June, construction spending in the U.S. fully recovered and then some in July, with its largest monthly gain in more than two years. Construction spending rose 1.8 percent to a seasonally adjusted ...
Construction spending in the U.S. rose in April for a second straight month as home-improvement expenditures increased along with construction of schools and power plants, Bloomberg reports. The news agency says that the 0.4-percent gain followed a revised 0.1 percent ...
Construction spending in the U.S. fell in February to the lowest level in more than seven years, according to an April 1 Bloomberg report. The report noted that the 1.3 percent decrease to $846.2 billion, the lowest since November 2002, followed a revised 1.4 ...
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