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Construction Spending > Latest News
This page contains all important previous notifications from our Construction Spending main page. Notifications often appear as red text at the top of our main page and are there to notify you about announcements and supplemental statistical tables.
New Length of Time data for Private Nonresidential, Private Multifamily and State and Local Construction are available. Go to the Related Studies menu on our website.
Geographic data for Private Nonresidential Construction (1993-2007) are available. Go to the Private Construction menu on our website.
Effective with this May 2008 press release, expenditures on private residential improvements to rental, vacant, and seasonal properties are not included in the construction spending data. To allow comparable time series analysis, these expenditures have been removed from our historic data back to January 1993. (see tables) The construction spending estimate will continue to include expenditures on residential improvements to owner-occupied structures. In addition, seasonally adjusted federal construction revised back to 1996.
New Length of Time data for Private Nonresidential, Private Multifamily and State and Local Construction are available under the Related Studies link.
New Length of Time data for Private Nonresidential, Private Multifamily and State and Local Construction are available under the Related Studies link.
Geographic data for Private Nonresidential Construction (1993 - 2005) are available. Go to the Private Construction menu on our website.
July 3, 2006
In the May 2006 press release, normal revisions to the unadjusted and seasonally adjusted data were made back to January 2003.
New Length of Time data for Private Nonresidential, Private Multifamily and
State and Local Construction
are available. Go to the Related Studies menu on our website.
Effective with this release, four published series, Total Construction, Total
Residential, Total Private, and Total Private
Residential, have been revised back to January 2004. The underlying cause for
these revisions is in the unpublished
category of Private Residential Improvements.
Geographic data for Private Nonresidential Construction (1993-2004) are available.
Go to the Private Construction
Historic menu on our website.
In this May 2005 press release, revisions to unadjusted and seasonally adjusted
data were made back to January 1998 to
incorporate and benchmark to the 2003 detailed structures data from the U.S.
Census Bureau’s Annual Capital
Expenditures Survey.
In this May 2004 press release, normal revisions to unadjusted and seasonally adjusted data were made back to May 2000.
This is the first release of construction spending data in a new and improved format. Also, the constant (1996 dollars) series has been discontinued.
Beginning in 1993, the Construction Expenditures Branch of the Manufacturing and
Construction Division began collecting "Value of Construction Put in Place"
data for private nonresidential and state and local government projects using
a new classification system. This new system allows the classification of construction
with one generalized coding scheme which bases project types on their end usage
instead of building/nonbuilding types. Data collection for federal construction
at the detailed project level began in January 2002.
With the changes in project classifications, data now presented
are not directly comparable with those data previously published in the
regular-format press releases and tables. Direct comparisons can only be made
at the total, total private, total state and local, total federal, and total public
levels for annual and not seasonally adjusted monthly data. Although some categories
(lodging, office, educational, religious) seem identical to previously published
data, there have been changes within the classifications that make these values
incomparable. For example, private medical office buildings were classified as
"office" buildings previously, but under the new classification these
buildings are in "health care."
In addition, seasonally adjusted estimates in the new tables are not,
in general, equal to the previously published seasonally adjusted estimates
at any level of aggregation because: 1) the seasonal adjustment models, parameters,
and factors for the two sets of estimates were developed from data covering
different time spans, and 2) seasonal adjustment factors were derived directly
for the previously published type of construction (TC) categories, but the factors
for some new TC categories were derived indirectly from sub-category level seasonal
adjustment. Both the previous and new TC seasonally adjusted series are valid.
The previous TC series ended with May 2003 estimates and only the new TC
series, estimated back to 1993, continue.
This new classification system can be compared to the previous system by the
following link.
