{"id":10176,"date":"2017-02-02T03:14:40","date_gmt":"2017-02-02T03:14:40","guid":{"rendered":"http:\/\/minutes.machine.market\/?p=10176"},"modified":"2017-02-02T03:14:40","modified_gmt":"2017-02-02T03:14:40","slug":"december-construction-spending-up-4-2-year-over-year","status":"publish","type":"post","link":"https:\/\/machine.market\/blog\/december-construction-spending-up-4-2-year-over-year\/","title":{"rendered":"December Construction Spending Up 4.2% Year-Over-Year"},"content":{"rendered":"

December construction spending was estimated at a seasonally adjusted annual rate of $1,181.5 billion, down 0.2 percent compared to the revised November estimate of $1,184.4 billion, according to the U.S. Census Bureau of the Department of Commerce. The December figure is 4.2 percent above the December 2015 estimate of $1,133.7 billion.<\/p>\n

The value of construction in 2016 was $1,162.4 billion, 4.5 percent above the $1,112.4 billion spent in 2015.<\/p>\n

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Spending on private construction was at a seasonally adjusted annual rate of $897 billion, 0.2 percent above the revised November estimate of $894.8 billion. Residential construction was at a seasonally adjusted annual rate of $466.9 billion in December, 0.5 percent above the revised November estimate of $464.8 billion. Nonresidential construction was at a seasonally adjusted annual rate of $430.1 billion in December, nearly the same as the revised November estimate of $430.1 billion.<\/div>\n
\"Winter-Construction\"<\/div>\n
<\/div>\n
The value of private construction in 2016 was $876.3 billion, 6.4 percent above the $823.5 billion spent in 2015. Residential construction in 2016 was $456.2 billion, 5.2 percent above the 2015 figure of $433.7 billion and nonresidential construction was $420.1 billion, 7.8 percent above the $389.9 billion in 2015.<\/div>\n<\/div>\n<\/div>\n

In December, the estimated seasonally adjusted annual rate of public construction spending was $284.5 billion, 1.7 percent below the revised November estimate of $289.6 billion. Educational construction was at a seasonally adjusted annual rate of $70.1 billion, 2.2 percent below the revised November estimate of $71.6 billion. Highway construction was at a seasonally adjusted annual rate of $94.3 billion, 0.6 percent below the revised November estimate of $94.9 billion.<\/p>\n

The value of public construction in 2016 was $286.0 billion, 1 percent below the $288.9 billion spent in 2015. Educational construction in 2016 was $69.7 billion, 4.7 percent above the 2015 figure of $66.6 billion and highway construction was $91.2 billion, 2 percent above the $89.4 billion in 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"

December construction spending was estimated at a seasonally adjusted annual rate of $1,181.5 billion, down 0.2 percent compared to the revised November estimate of $1,184.4 billion, according to the U.S. Census Bureau of the Department of Commerce. The December figure is 4.2 percent above the December 2015 estimate of $1,133.7 billion. The value of construction […]<\/p>\n","protected":false},"author":1,"featured_media":10177,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":""},"categories":[2],"tags":[],"yoast_head":"\nDecember Construction Spending Up 4.2% Year-Over-Year - MachineMarket Blog<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cranemarket.com\/blog\/december-construction-spending-up-4-2-year-over-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"December Construction Spending Up 4.2% Year-Over-Year - MachineMarket Blog\" \/>\n<meta property=\"og:description\" content=\"December construction spending was estimated at a seasonally adjusted annual rate of $1,181.5 billion, down 0.2 percent compared to the revised November estimate of $1,184.4 billion, according to the U.S. Census Bureau of the Department of Commerce. The December figure is 4.2 percent above the December 2015 estimate of $1,133.7 billion. 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