Construction Spending

Economic Report: Construction Spending
Released by: U.S. Census Bureau
Release Date/Time: 10:00 a.m. on the last or first business day of the month
Description: In the U.S., it is monthly statistics released by the Department of Commerce and is broken down by residential construction, non-residential construction and public expenditure (government). Historically, the number has been volatile on a month to month basis to have an impact on the markets. However, data from several months is often used to identify trends in the sector. Construction cost of new single family houses started each month is estimated using housing starts and sales data from the United States Census Bureau's Survey of Construction. Private nonresidential construction is based on a months "Construction Progress Reporting Survey" with data from McGraw-Hill Construction

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