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Construction Spending Released On 12/3/2012 10:00:00 AM For Oct, 2012 Prior Prior Revised Consensus Consensus Range Actual Construction Spending - M/M change 0.6 % 0.5 % 0.4 % -0.5 % to 1.3 % 1.4 % Market Consensus before announcement Construction spending rebounded 0.6 percent in September, following a decline of 0.1 percent the prior month. The boost in September was led by a 2.8 percent increase in private residential outlays after a 1.2 percent fall the month before. For the latest month, private nonresidential spending slipped 0.1 percent while public outlays decreased 0.8 percent. The construction sector continues to improve but largely in housing with the single-family component perhaps joining the multifamily component with notable strength. Definition The dollar value of new construction activity on residential, non-residential, and public projects. Data are available in nominal and real (inflation-adjusted) dollars.   Over the last year, a decline in residential outlays has pulled down year-on-year growth for overall construction outlays. Nonresidential and public outlays are positive with nonresidential actually strong. Data Source: Haver Analytics     2012 Release Schedule Released On: 1/3 2/1 3/1 4/2 5/1 6/1 7/2 8/1 9/4 10/1 11/1 12/3 Release For: Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct       Legal Notices | ©Copyright 1998-2012 Econoday, Inc.  powered by