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US Construction Spending: September 2015
National Association of Home Builders analysis of Census construction spending data showed Wednesday that total US private residential construction spending for September increased, rising to a seasonally adjusted annual rate of US$395 billion. On a month-over-month basis, private single-family spending was US$222 billion, up by 1.3 per cent over the revised August estimate. Private multifamily…
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North America Infrastructure Building
A $70 million commercial wharf being billed as a gateway for goods and products in and out of northern BC, the Yukon, and northern Alberta was officially opened September 17, according to the Terrace Standard. Located in Stewart, the Stewart World Port offers shippers a day and a half closer shipping time to and from…
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US Architecture Billings Index: July 2015
The Architecture Billings Index (ABI) is reflecting healthy and sustained demand for design services in nearly all nonresidential project types, the American Institute of Architects (AIA) said Wednesday. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The AIA…
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US Leading Economic Index: July 2015
The index of US leading economic indicators unexpectedly declined in July, depressed by a slump in building permits that mainly reflected a proposed change in a New York tax credit. The Conference Board’s gauge, a measure of the outlook for the next three to six months, decreased 0.2 per cent after rising 0.6 per cent…
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US Construction Spending: June 2015
The US National Association of Home Builders’ Census Construction Spending analysis shows that total private residential construction spending for June increased to a seasonally adjusted annual rate of US$378 billion. Construction Spending, US On a month-over-month basis, private multifamily spending increased to US$52 billion, up by 2.82 per cent over the revised May estimate, while…
