The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.
<--- Return to Archive
For additional information relating to this article, please contact:
October 01, 2024US CONSTRUCTION SPENDING, AUGUST 2024 Month over month (August 2024 vs July 2024), seasonally adjusted annual rate)
US construction spending decreased 0.1% to $2,131.9 billion.
- Total residential construction decreased 0.3% to $911.4 billion.
- Total non-residential construction spending increased 0.1% to $1,220.5 billion.
- Private sector construction decreased 0.2% to $1,642.2 billion.
- Public sector construction increased 0.3% to $489.8 billion.
Private residential construction decreased 0.3% to $899.9 billion, while private non-residential construction spending decreased 0.1% to $742.2 billion.
Public residential construction increased 1.6% to $11.5 billion, while public non-residential construction spending increased 0.3% to $478.3 billion.
Year-to-date (January-August 2024 vs January-August 2023)
US construction spending increased 7.5%.
- Total residential construction increased 6.6%.
- Total non-residential construction spending increased 8.1%.
- Private sector construction increased 6.5%.
- Public sector construction increased 11.0%.
Source: US Census Bureau, retrieved from Federal Reserve Bank of St. Louis
<--- Return to Archive
