New Construction Spending For October 2022

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On December 1, 2022 the U.S. Census Bureau reported nationwide construction spending lower 0.3% to $1,794.9 billion in October of 2021 from $1,800.1 billion September of 2021, but rose 9.2% from $1,644.3 billion in October of 2021.

Nationwide private construction down 0.5% to $1,420.4 billion in October of 2022 from $1,427.6 billion in September of 2022.

Residential construction decreased 0.3% of $887.2 billion in October of 2022 from $890.0 billion September of 2022.

Non residential construction declined 0.8% to $533.2 billion in October of 2022 from $537.6 billion in September of 2022.

The public construction increased 0.6% to $374.6 billion in October of 2022 from $372.5 billion in September of 2022.

The educational construction higher 0.5% to $79.4 billion in October of 2022 from $79.0 billion in September of 2022.

The highway construction dropped 0.8% to $113.4 billion in October of 2022 from $114.3 billion in September of 2022.

For complete more detailed information about the U.S. Census Bureau on monthly construction spending in October of 2022, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

Comments (10)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi John - good information as always.  It doesn't look like much of a drop.

Dec 03, 2022 06:36 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.   Thanks for sharing and enjoy your day!

Dec 03, 2022 07:34 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much, John, for sharing this report.

Have a productive December.

Dec 03, 2022 07:35 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello John and Thank You for sharing this great information with us here in the Rain.  Make it a great Saturday!

 

 

Dec 03, 2022 07:39 AM
Eric Bouler
Gardner Realtors, Licensed in La. - New Orleans, LA
Listening to your Needs

Sounds Great on Saturday. Have a great week. See my blog and like and comment. 

Dec 03, 2022 08:44 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Grant Schneider glad you find the report very informative as always. Very true, it doesn't look like much of a drop. Thanks for the comment.

Dec 03, 2022 05:18 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very informative. Enjoy your day too! Thanks for the comment.

Dec 03, 2022 05:19 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Roy Kelley you are very welcome, and glad you find the this report very helpful. Thank you, and have a productive December too. Thanks for the comment.

Dec 03, 2022 05:21 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Will Hamm you are welcome, and glad you find this report very informative with everyone here in the Rain. Thank you, and make it a great Saturday too. Thanks for the comment.

Dec 03, 2022 05:23 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello EricEric Bouler glad you find the report Great on Saturday. Thank you, and have a great week too. I will see your blog like and comment. Thanks for the comment.

Dec 03, 2022 05:28 PM