The Census Bureau released today September 3rd its monthly Value of Construction Put in Place Survey. The total value put in place reached 900,824 millions of dollars, of which 631,403 were spent by the private sector and 296,422 by the public sector. The estimated residential value for the month of July 2013 was around 334,578 million while non-residential was 296,824 millions of dollars. Public sector construction spending went down by 3.7 percent change from July 2012 and 0.3 from June 2013. State and local public organization put 245,381 million of dollars, and the federal government 24,041 dollars which means a -10.2 percent change from July 2012.
Value of Federal Construction Put in Place – Seasonally Adjusted Annual Rate.
|
Type of Construction: |
Jul |
Jun |
May |
|
Office |
2,739 |
3,025 |
2,948 |
|
Commercial |
1,334 |
1,274 |
1,250 |
|
Health Care |
4,348 |
4,066 |
3,994 |
|
Educational |
2,232 |
2,145 |
2,304 |
|
Public safety |
2,837 |
3,290 |
3,087 |
|
Amusement and recreation |
341 |
296 |
275 |
|
Transportation |
2,918 |
2,786 |
2,654 |
|
Power |
791 |
784 |
763 |
|
Highway and street |
425 |
529 |
516 |
|
Conservation and development |
3,126 |
2,982 |
3,184 |
Private sector construction increased mainly in lodging related projects which experienced 32.8 percent change from July 2012. Office and Power grew 4.7% and 5.0% respectively compared to July 2012. Although Communication construction projects increased from June by 1.2 percent change, it decreased 12.1 percent change from July 2012. Manufacturing remains stable for both year and monthly changes.
Private Sector Value of Construction Put in Place – Seasonally Adjusted Annual Rate
|
Type of Construction: |
Jul |
Jun |
May |
Apr |
Mar |
|
Lodging |
14,576 |
13,744 |
13,760 |
13,342 |
12,462 |
|
Office |
29,232 |
28,785 |
28,969 |
28,653 |
29,987 |
|
Commercial |
44,465 |
43,739 |
45,933 |
44,537 |
44,403 |
|
Health care |
30,544 |
30,128 |
30,563 |
29,757 |
29,618 |
|
Educational |
16,993 |
16,560 |
17,715 |
16,680 |
15,659 |
|
Religious |
3,115 |
3,214 |
3,575 |
3,482 |
3,881 |
|
Amusement and recreation |
5,704 |
5,892 |
6,115 |
5,711 |
5,360 |
|
Transportation |
12,097 |
12,318 |
12,413 |
11,434 |
11,150 |
|
Communication |
15,363 |
15,184 |
14,840 |
15,796 |
15,725 |
|
Power |
77,514 |
77,154 |
75,376 |
73,269 |
67,733 |
|
Manufacturing |
46,087 |
44,806 |
44,789 |
46,683 |
48,243 |
|
Type of Construction: |
Jul |
Jun |
May |
Apr |
Mar |
|
Office |
8,126 |
8,474 |
7,646 |
7,736 |
7,691 |
|
Commercial |
2,635 |
2,516 |
2,479 |
2,892 |
2,598 |
|
Health care |
11,291 |
11,584 |
11,057 |
10,878 |
10,338 |
|
Educational |
62,871 |
63,829 |
62,220 |
59,712 |
61,656 |
|
Public safety |
8,622 |
9,389 |
9,699 |
9,560 |
9,099 |
|
Amusement and recreation |
7,532 |
7,708 |
7,657 |
8,163 |
8,291 |
|
Transportation |
31,052 |
29,826 |
29,550 |
29,475 |
28,828 |
|
Power |
11,896 |
12,141 |
11,126 |
10,192 |
12,762 |
|
Highway and street |
77,990 |
78,837 |
79,325 |
77,503 |
77,391 |
|
Sewage and waste disposal |
21,119 |
20,116 |
21,580 |
21,221 |
19,940 |
|
Water supply |
13,347 |
12,895 |
13,673 |
13,034 |
12,897 |
|
Conservation and development |
5,295 |
5,037 |
5,558 |
5,807 |
5,726 |
Categories: Macroeconomics
