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US construction spending inches up in May, but homebuilding weak
U.S. construction spending rose slightly in May amid higher mortgage rates, with declines in single-family housing and factory construction.
National construction spending falls slightly in AGC report
Construction spending across the nation was $2.1 trillion in August, a 0.1 percent decline from July to August, according to an analysis by the Associated General Contractors.
Construction execs predict downturn
A quarterly nationwide construction survey found widespread pessimism for future opportunities.
Construction starts show double-digit gains in July
Total construction starts rose 17% in July to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network.
Spending on home repairs expected to decline in 2024
Annual expenditures for improvements and repairs to owner-occupied homes are expected to decline at an accelerating rate through the first half of 2024, according to the Leading Indicator of Remodeling Activity released by the Joint Center for Housing Studies at Harvard.
Nonresidential construction spending decreases for first time in almost a year
Nonresidential construction spending has fallen for the first time in nearly a year.
Report: US construction spending fell 0.3 percent in May
Growth in housing, the economy's standout performer, slowed while activity in areas most directly impacted by the pandemic showed further weakness.
US construction spending up 1 percent in December led by housing
U.S. construction spending rose a moderate 1 percent in December as the number of new homes offset a sustained weakness in nonresidential construction.
US construction spending jumps 1.3 percent in October
U.S. construction spending jumped 1.3 percent in October, again on the strength of single-family home building.
Construction spending, US jobs to highlight reports due out this week
(AP)鈥� A look at some of the key business events and economic indicators upcoming this week.
Construction spending hits eight-year peak
December鈥檚 spending numbers were released Monday by the Commerce Department and they show a slight gain over November but overall another huge year for construction.
Construction spending continues to increase in June
The U.S. Department of Commerce reported on Wednesday that construction spending rose 0.4 percent above May and 7 percent above June 2011 to a seasonally adjusted annual rate of $842.1 billion. Combined, the first six months of spending accounted for $387.1 billion 鈥� a 9 percent increase over the same period in 2011.
News
- Multnomah County commits up to $101.6M for Moda Center
- Portland code changes to take effect in November
- Los Colibris project approved for Portland’s OMSI District
- Pacific Northwest projects totaling $9.9 million in top bidders | Aug. 7, 2026
- Oregon opens infrastructure grant program
- Ex-TV host claps back at Detroit officials in blight case
- 31-unit multifamily project in Portland land use review intakes | Aug. 3, 2026
- $2.4 million office renovation in Portland building permits | Aug. 3, 2026
- Transportation commission weighs ODOT budget cuts
- Lam Research planning $1.7 billion investment in Tualatin
- Pacific Northwest projects totaling $10.6 million in top bidders | July 31, 2026
- Many Oregon counties struggling to maintain their fairgrounds
Commentary
- Beware of when the debt collector comes calling | Opinion
- Assembly of a future workforce begins with an invitation | Opinion
- Beware of overlooking legal requirements for remote workers | Opinion
- Become a critical thinker and transform a workplace | Opinion
- Managing construction risks with international suppliers | Opinion
- A rally with many engines: the lesson of 2026’s first half | Opinion
- Oregon housing challenges persist despite sound and fury | Opinion
- When does an employee’s bullying become harassment? | Opinion
- Ditch disorganization 鈥� the cost of deferred decisions | Opinion
- Consider 10 common risks for healthcare construction projects | Opinion
- Clarifying the reach of a law regarding prevailing wage | Opinion
- Adjust to legal changes now to ensure compliance later | Opinion
