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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

August 01, 2019
US CONSTRUCTION SPENDING, JUNE 2019

In June 2019, US construction spending (seasonally adjusted annual rate) declined 1.3 per cent to $1,287 billion. Year-over-year, US construction spending is 2.1 per cent below June 2018.

  • Private sector construction decreased 0.4 per cent in June to $963 billion.  This is down 4.6 per cent over June 2018.
  • Public sector construction declined 3.7 per cent in June to $324 billion.  This is up 6.1 per cent over June 2018
  • Residential construction decreased 0.5 per cent in June to $513 billion.  This is down 8.0 per cent over June 2018. 
  • Non-residential construction declined 1.8 per cent in June to $774 billion.  This is up 2.3 per cent over June 2018.

Year-to-date, US construction spending is down 0.6 per cent over January-June 2018.

  • Private sector construction decreased 3.8 per cent
  • Public sector construction increased 10.1 per cent
  • Residential construction declined by 8.2 per cent
  • Non-residential construction grew by 5.1 per cent

Source: US Census Bureau



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