By Jim Haughey, Reed Business Information Economist
August 1, 2003
Building Design and Construction
Nonresidential building construction spending
(Billions of current dollars)
Spending in June 2003*
Percent change from June 2002
Spending in year-to-date 2003**
Percent change from year-to-date 2002
2002 total spending
Annual percent change 2002
2003 (f)
2004 (f)
Nonres. bldgs total***
$26.75
-1.4%
$26.02
-4.8%
$27.76
-7.7
-1.9
6.9
Commercial
6.11
0.1
5.97
-7.3
6.52
-7.6
-2.0
6.0
Office
4.45
-9.5
3.97
-14.9
4.90
-21.4
-10.4
7.6
Lodging
1.05
-1.2
1.00
-10.3
1.27
-29.1
1.0
12.1
Manufacturing
1.69
-21.2
1.37
-26.4
2.27
-43.7
-18.0
18.9
Healthcare
2.85
8.4
2.97
12.9
2.45
17.4
9.7
8.0
Education
6.92
1.4
7.05
0.9
6.78
11.5
0.4
4.4
Religious
0.80
4.2
0.83
-1.8
0.85
-1.8
2.4
5.4
Public Safety
0.83
-6.4
0.81
-7.6
0.79
7.8
-3.6
3.2
Amusement & Recreation
1.84
5.6
1.91
1.5
1.87
-2.2
2.9
5.6
Multifamily
3.89
-2.8
3.87
0.1
3.71
10.8
-0.7
-0.3
* Seasonally adjusted annual rate ** In billions of dollars, not inflation adjusted *** Includes misc. buildings not listed Source: U.S. Department of Commerce; forecast (f): Reed Business Economics
San Diego Gas & Electric Company
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