The 2020 Mid-Year Economic Update_long

June Construction Spending Up 5.5% Year-Over-Year

Construction spending down 1.8 percent from May.

June 2014 construction spending was estimated at a seasonally adjusted annual rate of $950.2 billion, 1.8 percent below the revised May estimate, according to the U.S. Census Bureau. The June 2014 figure is 5.5 percent above the June 2013 estimate.

During the first six months of the year, construction spending was $445.1 billion, 7.8 percent above the same period in 2013.

Private construction was $685.5 billion, 1 percent below the revised May estimate. Residential construction was $355.9 billion, down 0.3 percent from May. Nonresidential construction was $329.5 billion, down 1.6 percent from May.

Public construction was $264.7 billion, a 4 percent decrease from the revised May estimate. Educational construction was $59.7 billion, a 4.9 percent decrease from May. Highway construction was $75.3 billion, down 10.4 percent from May.

For more detail, download the PDF below.

Click Here

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.