MDM Premium
Need Help?
(888) 742-5060

In The News:

More From Mdm

2012 Distribution Trends: Building Materials/Construction Sector

 

May Construction Spending Up 0.9% over April

July 2, 2012
Reprints
A A

Construction spending during May 2012 was estimated at a seasonally adjusted annual rate of $830 billion, 0.9 percent above the revised April estimate of $822.5 billion, according to the U.S. Census Bureau. The May figure is 7 percent above the May 2011 estimate of $775.8 billion.

During the first five months of this year, construction spending amounted to $310.5 billion, 9.4 percent above the $283.8 billion for the same period in 2011.

Spending on private construction was at a seasonally adjusted annual rate of $560.4 billion, 1.6 percent above the revised April estimate of $551.8 billion. Residential construction was at a seasonally adjusted annual rate of $261.3 billion in May, 3 percent above the revised April estimate of $253.8 billion. Nonresidential construction was at a seasonally adjusted annual rate of $299.1 billion in May, 0.4 percent above the revised April estimate of $298 billion.

In May, the estimated seasonally adjusted annual rate of public construction spending was $269.6 billion, 0.4 percent below the revised April estimate of $270.7 billion. Educational construction was at a seasonally adjusted annual rate of $65 billion, 3 percent below the revised April estimate of $67 billion. Highway construction was at a seasonally adjusted annual rate of $78 billion, 0.5 percent below the revised April estimate of $78.4 billion.

For more details, download the pdf below.

Download:

Copyright ©2014

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

Partner Center