June 5, 2012
Construction Industry – April 2012
US Census Bureau Statistics from the construction industry continue on a favorable trend, now estimated to be $820.7 Billion (seasonally adjusted annual rate) for April 2012. This is significant up from the month of April 2011 with an increase of 7.3% over that month. It also represents an increase of 0.3% over the March 2012 figure of the $818 Billion seasonally adjusted annual rate.
These are good economic indicator signs, with the construction industry steadily improving for three consecutive months, and follows favorable statistics released on residential construction and residential sales.
The biggest gains occurred in the residential construction sector, growing at 2.6%. However, non-residential construction represents the majority of construction.
Articles and blogs on economic indicators:
- Economic Indicators – Residential Construction and Sales Showing Positive Signs
- Tourism Industry – 2012 US Travel Outlook Favorable
- US Business Trends – Small Business Optimism Index
Construction Industry News
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