Macroeconomics

U.S. Construction Put in Place Survey: 900,824 millions of dollars.

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
2013p

Jun
2013r

May
2013r

     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
2013p

Jun
2013r

May
2013r

Apr
2013

Mar
2013

     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

 Public construction

Type of Construction:

Jul
2013p

Jun
2013r

May
2013r

Apr
2013

Mar
2013

     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

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