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Annual rate for water supply construction spending in United States: Growth in May 2018

U.S. Census Bureau published that construction spending rate went up by 6.7 percent compared to the prior month. The indicator climbed by 857 million US Dollars, as it follows the tendency of the prior month when it increased by 0.83%. When looking at the year before, it can be observed that the variable was falling by -0.77 percent and attained 12 549 million US Dollars in May. Between May 2017 and the same month the year after, the statistics reveal a 8.8 percent fluctuation. United States saw a rise of 16.1% in construction spending rate during the last 16 years. Moreover, the construction spending rate is now below average of 13 867.8 million US Dollars with a slight overall decline since the start of observations. It hit its all-time high of 18 042 million US Dollars in July 2008 and record low of 11 308 million US Dollars in September 2017.

Annual rate for water supply construction spending in United States: Growth in May 2018
Date Million US Dollars Variation
May. 2018 13 653.00 6.7
Apr. 2018 12 796.00 0.83
Mar. 2018 12 691.00 -2.02
Feb. 2018 12 953.00 7.74
Jan. 2018 12 022.00 0.02
Dec. 2017 12 019.00 5.83
Nov. 2017 11 357.00 -1.35
Oct. 2017 11 513.00 1.81
Sep. 2017 11 308.00 -2.6
Aug. 2017 11 610.00 1.69

Related Statistics

Main Construction Indicators

  • Building Permits

    Number of issued building permits, it is an indicator of the construction sector's growth. A building permit is an authorisation to start work on a building project. As such, a permit is the final stage of planning and building authorisations from public authorities, prior to the start of work. Based on: Eurostat.

  • Construction Completions

    Number of new privately owned housing units completed. Is is an indicator of construction work actually completed within a given period of time or at a particular point in time. Based on: Organisation for Economic Co-operation and Development.

  • Construction Output

    Measure of the production in the construction industry.

  • Construction GDP

    Value of output of the construction industry less the value of intermediate consumption (intermediate inputs) used in this industry. It can be expressed in millions or billions of national currency, or in percentage of GDP. Based on: Organisation for Economic Co-operation and Development.

  • Construction Spending

    Value of total spending in the construction industry, usually expressed in millions billions of national currency. It includes the cost of labor and materials, cost of architectural and engineering work, overhead costs, interest and taxes paid during construction and contractor's profts. Based on: US Census Bureau.

  • Construction Starts

    Number of new buildings on which construction has been started in a given period. Start of a construction occurs when excavation begins for the footings or foundation of a building. Based on: U.S. Census Bureau.

  • Buildings Under Construction

    Number of buildings in a state of construction (up until they receive their certificate of occupancy), at a given date in a country.

  • Building Materials Import

  • Building Materials Export