Monday, November 01, 2021

Construction Spending During September 2021

Earlier today, the U.S. Census Bureau -- which is part of the Commerce Department -- released its Construction Spending report for September 2021:

Predicted: FLAT
Actual: -0.532% (-$8,424,000,000)

The yellow-highlighted percentage represents the month-to-month change in new public and private construction activity for the United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

  • Estimated construction spending during September 2021: $1,573,610,000,000.

  • August 2021 (revised): $1,582,034,000,000.
     
  • Change from 12 months previous: +7.836% (+$114,349,000,000.)


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CHART: Construction Spending During September 2021


CHART: Construction Spending During September 2021
 

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