US Spending on Residential Improvements: March 2019

US Spending on Residential Improvements: March 2019

Construction spending declined in June from May 2019 and june 2018 levels, but most categories other than single-family homebuilding ended the first half of the year ahead of the year-to-date totals for 2018, according to an analysis today by the Associated General Contractors of America of new federal spending data.

 · Since that peak, it has fallen by 3.2%, to land at $1.282 trillion in the latest month for which data is available, March 2019. The average of month-to-month percent changes for total U.S. put-in-place construction spending during the past ten years has been +0.4%. In March 2019, the month-over-month figure was in negative territory, at -0.9%.

Since that peak, it has fallen by 3.2%, to land at $1.282 trillion in the latest month for which data is available, March 2019. The average of month-to-month percent changes for total U.S. put-in-place construction spending during the past ten years has been +0.4%. In March 2019, the month-over-month figure was in negative territory, at -0.9%.

 · The ski resort said Monday that it plans to spend $16 million on improvements for the 2019-2020 season, headlined by a fast new lift. The new six-person chairlift, expected to cost $6 million, will replace the existing three-person Sunnyside Lift installed in 1989 in the resort’s Mary Jane territory.

Personal income increased 0.4 percent in June, the same increase as in May. Wages and salaries, the largest component of personal income, increased 0.5 percent in June after increasing 0.2 percent in May.

Roofing trends explored – Glass Times Building on two roofing trends-higher thermal performance and cooler roofs in hotter climates-that have policymakers and architects seeing eye to eye, energy-efficient cool-roof legislation offers a significant opportunity to increase building energy efficiency and create jobs.

The LIRA measures short-term trends in national spending for improvements and repairs to owner-occupied homes. The LIRA is calculated as a four-quarter moving rate of change in spending and it is benchmarked to historical estimates of remodeling spending based on data from the Department of Housing and Urban Development’s biennial American Housing Survey.

US construction spending drops 1.3% in June FILE – In this July 29, 2019, file photo a construction worker carries bars while helping build a scaffolding on the side of a hotel in the Mount Vernon.

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NJ utilities want $12B in upgrades; AARP says it’s too much. AARP New Jersey dropped off about 23,000 postcards from its members with a message to the state: We can’t afford utility bill increases.

Federal Budget 101. Facebook Twitter. In fiscal year 2015, the federal budget is $3.8 trillion. These trillions of dollars make up about 21 percent of the U.S. economy (as measured by Gross Domestic Product, or GDP). It’s also about $12,000 for every woman, man and child in the United States.

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