New Construction Spending For June 2021

Reblogger
Real Estate Agent with Coldwell Banker BRE #01513285
Original content by John Pusa CDRE #01044712

On August 2, 2021, the U.S. Census Bureau reported nationwide construction spending higher 0.1% to $1,552.2 billion in June of 2020 from $1,551.2 billion May of 2021, and rose 8.2% from $1,435.0 billion in June of 2020.

Nationwide private construction up 0.4% to $1,215.2 billion in June of 2021 from $1,210.3 billion in May of 2021.

Residential construction increased 1.1% of $763.4 billion in June of 2021 from $755.4 billion May of 2021.

Non residential construction lower 0.7% to $451.8 billion in June of 2021 from $454.9 billion in May of 2021.

The public construction decreased 1.2% to $337.0 billion in June of 2021 from $340.9 billion in May of 2021.

The educational construction declined 0.8% to $81.3 billion in June of 2021 from $82.0 billion in May of 2021.

The highway construction dropped 5.3% to $92.4 billion in June of 2021 from $97.5 billion in May of 2021.

For complete more detailed information about the U.S. Census Bureau on monthly construction spending in June of 2021, please click HERE

John Pusa

Real estate agent, Glendale, CA

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Posted by

Mike Jackson, CNE, CDPE

Broker Associate

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Comments (4)

Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Thanks for sharing Michael. Good information

U.S. Census Bureau reported nationwide construction spending higher 0.1% to $1,552.2 billion in June of 2020 from $1,551.2 billion May of 2021, and rose 8.2% from $1,435.0 billion in June of 2020.

Aug 03, 2021 07:07 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Michael Wayne Jackson thank you for reblog, glad you find the New Construction Spending report very valuable.

Aug 03, 2021 02:08 PM
Michael Wayne Jackson
Coldwell Banker - Novato, CA
Broker - Seniors Real Estate Specialist Novato

Thank you for this insight in the construction market. This helps a lot John Pusa 

Aug 03, 2021 06:27 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Michael Wayne Jackson you are welcome, and glad you find the construction  report very valuable.

Aug 03, 2021 08:31 PM