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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

November 01, 2019
US CONSTRUCTION SPENDING, SEPTEMBER 2019

In September 2019, US construction spending (seasonally adjusted annual rate) increased 0.5 per cent to $1,294 billion. This follows a revised loss of 0.3 per cent in August. Year-over-year, US construction spending is 2.0 per cent below September 2018.

  • Private sector construction increased 0.2 per cent to $962 billion.  This is down 4.6 per cent over September 2018.
  • Public sector construction increased 1.5 per cent to $332 billion.  This is up 6.6 per cent over September 2018
  • Residential construction increased 0.6 per cent to $518 billion.  This is down 3.5 per cent over September 2018. 
  • Non-residential construction increased 0.5 per cent to $776 billion.  This is down 0.9 per cent over September 2018.

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

  • Private sector construction decreased 4.4 per cent
  • Public sector construction increased 5.8 per cent
  • Residential construction declined by 7.9 per cent
  • Non-residential construction grew by 2.2 per cent

Source: US Census Bureau



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