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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

September 03, 2019
US CONSTRUCTION SPENDING, JULY 2019

In July 2019, US construction spending (seasonally adjusted annual rate) increased 0.1 per cent to $1,289 billion. Year-over-year, US construction spending is 2.7 per cent below July 2018.

  • Private sector construction decreased 0.1 per cent in July to $963 billion.  This is down 4.8 per cent over July 2018.
  • Public sector construction increased 0.4 per cent in July to $326 billion.  This is up 4.0 per cent over July 2018
  • Residential construction increased 0.6 per cent in July to $513 billion.  This is down 6.6 per cent over July 2018. 
  • Non-residential construction declined 0.3 per cent in July to $776 billion.  This is up 0.1 per cent over July 2018.

Year-to-date, US construction spending is down 2.1 per cent over January-July 2018.

  • Private sector construction decreased 4.5 per cent
  • Public sector construction increased 5.8 per cent
  • Residential construction declined by 8.7 per cent
  • Non-residential construction grew by 2.8 per cent

Source: US Census Bureau



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