STEEL FRAMING ALLIANCE | FRAMEWORK ONLINE
June 3, 2009
MARKETPLACE
 
April 2009 Construction at $968.7 Billion Annual Rate

The U.S. Census Bureau of the Department of Commerce announced on Monday June 1st that construction spending during April 2009 was estimated at a seasonally adjusted annual rate of $968.7 billion, 0.8 percent above the revised March estimate of $961.3 billion. The April figure is 10.7 percent below the April 2008 estimate of $1,085.2 billion.

During the first 4 months of this year, construction spending amounted to $286.3 billion, 11.3 percent below the $322.8 billion for the same period in 2008.

Private Construction

Spending on private construction was at a seasonally adjusted annual rate of $657.3 billion, 1.4 percent above the revised March estimate of $648.2 billion. Residential construction was at a seasonally adjusted annual rate of $249.2 billion in April, 0.7 percent above the revised March estimate of $247.4 billion. Nonresidential construction was at a seasonally adjusted annual rate of $408.2 billion in April, 1.8 percent above the revised March estimate of $400.8 billion.

Public Construction

In April, the estimated seasonally adjusted annual rate of public construction spending was $311.4 billion, 0.6 percent below the revised March estimate of $313.2 billion. Educational construction was at a seasonally adjusted annual rate of $89.1 billion, 1.8 percent below the revised March estimate of $90.7 billion. Highway construction was at a seasonally adjusted annual rate of $79.0 billion, 0.9 percent above the revised March
estimate of $78.3 billion.

Click here for complete information

Source: U.S. Census Bureau News, June 1, 2009


Next Article >>

 

HEADQUARTERS
 

Steel Framing Alliance
1201 15th St., NW,
Suite 320
Washington, D.C. 20005
Phone 202.785.2022
Fax 202.785.3856

 
NEW MEMBERS
- C.A.Boom Engineering Ltd.
Richmond, BC Canada
- Elliott Manufactering
Sheridan, WY
- Insul Drywall & Plastering
Corona, CA
- Novi Industries, Inc
Spring Valley, CA
- StormHawk Construction
Urbana, IL
- Walz Engineering.
Utica, IL
   
 
UPCOMING EVENTS
 

October 6-8, 2009
METALCON International
Tampa, FL

 
 

October 11-13, 2009
USGBC Greenbuild Conference
Phoenix, AZ

 
 

October 17-20, 2009
AISC COS Meetings
Chicago, IL

 
 

September 20-22, 2010
Steel Structures 2010 Culture & Sustainability International
Symposium
Istanbul, Turkey More

 
 
 
 
 
 
 
 
 
 
 


 
 


Become a Member | Unsubscribe

Brought to you by the Steel Framing Alliance (SFA) on the first Wednesday of each month, Framework Online arms you with the latest news and commentary on the steel framing and construction industries. In addition to industry headlines, trends and project profiles, Framework Online provides information and ideas that will better enable members to increase their participation in the residential and commercial construction markets.