According to the U.S. Census Bureau of the Department of Commerce, total construction spending for June 2016 was estimated at a seasonally adjusted annual rate of $1,133.5 billion, down 0.6 percent from the revised May estimate of $1,140.9 billion. Compared to a year ago, the…
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The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for June 2016. According to the data, building permits for privately-owned housing units in June were at a seasonally adjusted annual rate of 1,153,000, up 1.5…
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According to the U.S. Census Bureau of the Department of Commerce, total construction spending for May 2016 was estimated at a seasonally adjusted annual rate of $1,143.3 billion. This rate is a decrease of 0.8 percent from the revised April estimate of $1,152.4 billion. Compared…
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The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for May 2016. According to the data, building permits for privately-owned housing units in May were at a seasonally adjusted annual rate of 1,138,000, up 0.7…
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According to the U.S. Census Bureau of the Department of Commerce, total construction spending for April 2016 was estimated at a seasonally adjusted annual rate of $1,133.9 billion. This rate is a decrease of 1.8 percent from the revised March estimate of $1,155.1 billion. Compared…
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During the 2015 Legislative Session, the Maryland General Assembly added to the laundry list of provisions that must be included in a contract for the construction of a new home. Specifically, contractors that build homes anywhere in the State of Maryland, must now include certain…
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The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for April 2016. According to the data, building permits for privately-owned housing units in April were at a seasonally adjusted annual rate of 1,116,000, up 3.6…
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According to the U.S. Census Bureau of the Department of Commerce, total construction spending for March 2016 was estimated at a seasonally adjusted annual rate of $1,137.5 billion. This rate is an increase of 0.3 percent from the revised February estimate of $1,133.6 billion. Compared…
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The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for March 2016. According to the data, building permits for privately-owned housing units in March were at a seasonally adjusted annual rate of 1,086,000, down 7.7…
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According to the U.S. Census Bureau of the Department of Commerce, total construction spending for February 2016 was estimated at a seasonally adjusted annual rate of $1,144.0 billion. This rate is a decrease of 0.5 percent from the revised January estimate of $1,150.1 billion. Compared…
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