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Nonresidential building construction spending



By Jim Haughey, Reed Business Information Economist


November 1, 2003


Building Design and Construction

Nonresidential building construction spending
(Billions of current dollars)
Spending in August 2003*Percent change from August 2002Spending in year-to-date 2003**Percent change from year-to-date 20022002 total spendingAnnual percent change 20022003 (f)2004 (f)
Nonres. bldgs total***$26.791.6%$26.30-3.1%$26.89-7.6%-1.3%6.5%
Commercial6.486.86.10-3.76.23-7.10.28.5
Office3.90-11.13.95-14.24.50-21.6-11.86.5
Lodging1.108.71.10-2.21.08-25.51.07.2
Manufacturing1.38-9.51.40-23.01.70-42.8-18.412.7
Healthcare3.008.12.9711.82.7516.79.48.5
Education7.263.37.182.67.0511.51.82.6
Religious0.866.70.851.00.82-1.73.44.0
Public Safety0.915.00.85-4.90.8710.2-0.67.8
Amusement & Recreation1.890.41.91-1.31.89-1.62.05.7
Multifamily4.073.73.921.03.941.72.6-2.8
* 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


  

© 2008, Reed Business Information, a division of Reed Elsevier Inc. All Rights Reserved.



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