Recent Updates
- Ivory Coast: Public Finance (May)
- Kyrgyz Republic: Remittances (Jun)
- Canada: Retail Trade (Jun)
- Ukraine: Import and Export Indexes (Jun)
- Jordan: Exchange Rates (Jul)
- more updates...
Economy in Brief
Japan's Inflation Shows Mixed Gains
Japan's inflation rose by 0.4% in July...
U.S. Existing Home Sales Continue to Fall in July
Existing home sales declined 5.9% (-20.2% y/y) in July to 4.810 million units...
U.S. Index of Leading Indicators Fell Again in July
The Conference Board's Composite Leading Economic Indicators Index fell 0.4% m/m...
U.S. Philly Fed General Activity Index Back to Positive Reading in August
The current general activity diffusion index rose nearly 19 points in August to 6.2...
U.S. Unemployment Claims Slightly Lower
Initial claims for unemployment insurance went down 2,000 in the week ended August 13 to 250,000...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
U.S. Construction Also Rises…
by Robert Brusca March 30, 2007
Commentary Archive
by Robert Brusca March 30, 2007
Construction Put In Place $-Millions | ||||||
Percentage Change as Noted | ||||||
1-Mo | 1-Mo SAAR | 3-Mo | 6-MO | Yr/Yr | Share | |
Total | 0.3% | 3.3% | -9.4% | -4.8% | -2.4% | 100.0% |
Private | 0.2% | 2.6% | -18.1% | -9.5% | -6.0% | 75.5% |
Residential | -1.0% | -11.0% | -31.2% | -17.0% | -15.1% | 48.0% |
Lodging | 2.6% | 35.8% | 46.2% | 20.9% | 45.4% | 1.9% |
Office | -0.2% | -2.1% | 43.1% | 19.6% | 31.9% | 4.5% |
Commercial | 1.8% | 23.3% | 9.2% | 4.5% | 8.6% | 6.8% |
Transport | 1.6% | 21.6% | 24.2% | 11.5% | -0.7% | 0.8% |
Communication | 6.8% | 119.4% | 96.9% | 40.3% | 16.8% | 1.6% |
Power | 6.2% | 105.8% | -36.4% | -20.3% | 6.5% | 2.7% |
MFG | 5.0% | 78.7% | 6.1% | 3.0% | 23.1% | 3.5% |
Other | 0.6% | 7.9% | 9.5% | 4.6% | 9.8% | 5.8% |
Public | 0.4% | 5.4% | 26.0% | 12.3% | 10.4% | 24.5% |
Highway | 0.5% | 5.8% | 7.4% | 3.6% | 10.9% | 6.8% |
Sewer | -0.2% | -3.0% | 36.9% | 17.0% | 8.9% | 1.8% |
Water | -0.1% | -1.4% | -3.9% | -2.0% | 6.9% | 1.1% |
Other | 0.5% | 6.7% | 37.3% | 17.2% | 10.6% | 14.8% |
Construction spending in February rose by 0.3% and the drop in January was revised upward from a drop of 0.8 to one of 0.5%.
In the current quarter private residential spending is off at a 19% pace. Other private spending rising at a 16% pace. Public spending is up at an 11% pace. Still, due to the size of the residential sector overall spending is dropping at a 4% pace in 2007-Q1. |
Construction Put In Place $-Millions | ||||||
---|---|---|---|---|---|---|
Percentage Change as Noted | ||||||
1-Mo | 1-Mo SAAR | 3-Mo | 6-MO | Yr/Yr | Share | |
Total | 0.3% | 3.3% | -9.4% | -4.8% | -2.4% | 100.0% |
Private | 0.2% | 2.6% | -18.1% | -9.5% | -6.0% | 75.5% |
Residential | -1.0% | -11.0% | -31.2% | -17.0% | -15.1% | 48.0% |
Lodging | 2.6% | 35.8% | 46.2% | 20.9% | 45.4% | 1.9% |
Office | -0.2% | -2.1% | 43.1% | 19.6% | 31.9% | 4.5% |
Commercial | 1.8% | 23.3% | 9.2% | 4.5% | 8.6% | 6.8% |
Transport | 1.6% | 21.6% | 24.2% | 11.5% | -0.7% | 0.8% |
Communication | 6.8% | 119.4% | 96.9% | 40.3% | 16.8% | 1.6% |
Power | 6.2% | 105.8% | -36.4% | -20.3% | 6.5% | 2.7% |
MFG | 5.0% | 78.7% | 6.1% | 3.0% | 23.1% | 3.5% |
Other | 0.6% | 7.9% | 9.5% | 4.6% | 9.8% | 5.8% |
Public | 0.4% | 5.4% | 26.0% | 12.3% | 10.4% | 24.5% |
Highway | 0.5% | 5.8% | 7.4% | 3.6% | 10.9% | 6.8% |
Sewer | -0.2% | -3.0% | 36.9% | 17.0% | 8.9% | 1.8% |
Water | -0.1% | -1.4% | -3.9% | -2.0% | 6.9% | 1.1% |
Other | 0.5% | 6.7% | 37.3% | 17.2% | 10.6% | 14.8% |