TITLE

Construction Outlays Dip 0.4% to $1.013T

AUTHOR(S)
Førris, Craig T.
PUB. DATE
January 2005
SOURCE
Bond Buyer;1/4/2005, Vol. 351 Issue 32042, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents news regarding recent developments in the manufacturing sector and construction projects in the US. According to reports, construction projects declined in November for the first time since last January as private construction fell but public construction increased. Total construction spending declined by 0.4% or $3.58 billion, to a seasonally adjusted annual rate of $1,013 trillion, following an upwardly revised 0.3% hike in October to $1,017 trillion, first reported as $1.009 trillion. The 0.4% decline was the first since a 0.3% decline in January and the largest since a 0.8% drop in February 2003.
ACCESSION #
15547974

 

Related Articles

  • ANALYSIS Data reveals bad year ahead for contractors In the UAE.  // MEED: Middle East Economic Digest;12/23/2011, Vol. 55 Issue 51, p17 

    The article reports on the decline of construction contracts awarded by Dubai and Abu Dhabi in United Arab Emirates during 2011. It mentions that value of construction and infrastructure contract awarded by the states fell almost 50 percent in 2011. It speculates the construction awards during...

  • AGC Looks At 2005. Simonson, Ken // Construction Bulletin;1/7/2005, Vol. 289 Issue 1, p50 

    The article presents information on construction industry. For construction, there are two key measures of economic activity--employment and value put in place. According to the Bureau of Labor Statistics from October 2003 to October 2004, the industry added 262,000 jobs or 3.9 percent, more...

  • May Construction Spending Drops 0.9%. Ackerman, Andrew // Bond Buyer;7/5/2005, Vol. 353 Issue 32166, p2 

    Reports on the fall of spending on construction projects as of May 2005 in the U.S. Reasons behind the contrast in spending as private construction dropped and public construction increased; Percentage of the decline in the total construction spending; Basis for the expectations of economists on...

  • GCC growth pushes up projects market.  // MEED: Middle East Economic Digest;3/14/2014, Vol. 58 Issue 11, p42 

    The article presents updates on development projects in the Middle East as of March 2014. It mentions the role of Saudi Arabia and the United Arab Emirates in the increase in the Gulf Projects index by 0.5 percent to 3.2 trillion dollars in the week up to March 12, 2014. It notes a rise in the...

  • Bullish forecast.  // International Construction;Sep2008, Vol. 47 Issue 7, p12 

    The article reports on the expected increase of construction spending in China annually up to 2012 taken from Freedonia Group Inc.'s "Construction Outlook in China." The projected annual increase in construction spending is +9.2%. The increase is due to the expanding domestic economy,...

  • A Hundred Years of ENR Cost Indexes Turn One HundredHere Headline Two Lines. Lewis, Scott; Grogan, Tim // ENR: Engineering News-Record;9/30/2013, Vol. 271 Issue 13, p22 

    The article talks about "Engineering News-Record (ENR)'s"cost indexes which has turned 100 years old in 2013. The cost indexes have been measuring construction cost fluctuations, reflecting the American construction industry's most important trends. The importance of the ENR indexes as a...

  • Value of New Construction Drops Slightly in June to $883.9 Billion but Rises 5.1% YTY.  // Electrical Marketing;8/9/2013, Vol. 38 Issue 15, p3 

    The article reports on the decline in construction spending in the U.S. in June 2013. It mentions that the value was estimated to reach an annual rate of 883.9 billion U.S. dollars. According to the author, the trend in spending might be 0.6 per cent below the revised estimate in May 2013 that...

  • August Construction at $1.072 Trillion Annual Rate. Lim, Yong // Bond Buyer;10/2/2008, Vol. 366 Issue 32973, p2 

    The article reports on the construction spending in the U.S. during August 2008, based on the data released by the Census Bureau. It was estimated at a seasonally adjusted annual rate of $1.0721 trillion, which is nearly the same as the revised July estimate of $1.0718 trillion. The figure is...

  • ARCHITECTS AND ENGINEERS FACE RISING E&O LITIGATION AS ECONOMY IMPROVES. DUNNING, MATT // Business Insurance;11/4/2013, Vol. 47 Issue 22, p0021 

    The article discusses the improvements in the U.S. construction spending as of the year 2013 which is aided by the architectural and engineering firms in the U.S. It mentions that the increasing number of active construction projects has increased which has helped the gains of the industry...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics