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Construction Spending Increases in November
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO TAKE IT TO THE NEXT LEVEL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Construction Spending Increases in November
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Construction Spending Increases in November

Spending on both single-family and multi-family home construction increased in November according to the U.S. Census Bureau.

Spending for private residential construction was at a seasonally adjusted annual rate of $345.5 billion in November, up 1.9 percent from a revised estimate of $339.2 billion in October.

Total monthly spending by builders for both residential and non-residential private construction was at a seasonally adjusted annual rate of $659.4 billion, up 2.2 percent from the revised estimate of $644.9 billion in October.

Builders spent 16.6 percent more on private residential construction in November than they did a year ago when $296.4 billion was allocated, while the total amount builders spent for all private construction was 8.6 percent higher than the $607.2 billion spent in November of last year.

Construction spending for new private single-family homes increased 1.8 percent from October to November with builders spending a seasonally adjusted $174.8 billion in November compared to $171.7 billion in October.

Single-family home construction spending was 18.4 percent higher than in November of 2012, when builders spent $147.6 billion on building new single-family homes.

Multi-family private construction spending was 0.9 percent higher than in October, climbing to a seasonally adjusted annual rate of $35.2 billion. In October, builders spent $34.9 billion on multi-family construction.

Multi-family construction spending was 36.3 percent higher than in November of last year, when builders spent a seasonally adjusted $25.8 billion on multi-family dwellings.

The remainder of the private residential construction spending in November, $135.5 billion, was money spent for any type of construction to an existing structure ranging from remodeling to additions to swimming pools to replacement of major systems such as HVAC systems. This was slightly higher the $132.6 billion spent in October and also higher than the $123.0 billion spent in November of 2012.

Tags: residential construction spending, single-family homes, multi-family dwellings, seasonally adjusted annual rate, remodeling, additions

Source:
Census Bureau

Reported by Shirley Allen

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
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Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
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Spending on both single-family and multi-family home construction increased in November according to the U.S. Census Bureau.

Spending for private residential construction was at a seasonally adjusted annual rate of $345.5 billion in November, up 1.9 percent from a revised estimate of $339.2 billion in October.

Total monthly spending by builders for both residential and non-residential private construction was at a seasonally adjusted annual rate of $659.4 billion, up 2.2 percent from the revised estimate of $644.9 billion in October.

Builders spent 16.6 percent more on private residential construction in November than they did a year ago when $296.4 billion was allocated, while the total amount builders spent for all private construction was 8.6 percent higher than the $607.2 billion spent in November of last year.

Construction spending for new private single-family homes increased 1.8 percent from October to November with builders spending a seasonally adjusted $174.8 billion in November compared to $171.7 billion in October.

Single-family home construction spending was 18.4 percent higher than in November of 2012, when builders spent $147.6 billion on building new single-family homes.

Multi-family private construction spending was 0.9 percent higher than in October, climbing to a seasonally adjusted annual rate of $35.2 billion. In October, builders spent $34.9 billion on multi-family construction.

Multi-family construction spending was 36.3 percent higher than in November of last year, when builders spent a seasonally adjusted $25.8 billion on multi-family dwellings.

The remainder of the private residential construction spending in November, $135.5 billion, was money spent for any type of construction to an existing structure ranging from remodeling to additions to swimming pools to replacement of major systems such as HVAC systems. This was slightly higher the $132.6 billion spent in October and also higher than the $123.0 billion spent in November of 2012.

Tags: residential construction spending, single-family homes, multi-family dwellings, seasonally adjusted annual rate, remodeling, additions

Source:
Census Bureau

Reported by Shirley Allen

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

Spending on both single-family and multi-family home construction increased in November according to the U.S. Census Bureau.

Spending for private residential construction was at a seasonally adjusted annual rate of $345.5 billion in November, up 1.9 percent from a revised estimate of $339.2 billion in October.

Total monthly spending by builders for both residential and non-residential private construction was at a seasonally adjusted annual rate of $659.4 billion, up 2.2 percent from the revised estimate of $644.9 billion in October.

Builders spent 16.6 percent more on private residential construction in November than they did a year ago when $296.4 billion was allocated, while the total amount builders spent for all private construction was 8.6 percent higher than the $607.2 billion spent in November of last year.

Construction spending for new private single-family homes increased 1.8 percent from October to November with builders spending a seasonally adjusted $174.8 billion in November compared to $171.7 billion in October.

Single-family home construction spending was 18.4 percent higher than in November of 2012, when builders spent $147.6 billion on building new single-family homes.

Multi-family private construction spending was 0.9 percent higher than in October, climbing to a seasonally adjusted annual rate of $35.2 billion. In October, builders spent $34.9 billion on multi-family construction.

Multi-family construction spending was 36.3 percent higher than in November of last year, when builders spent a seasonally adjusted $25.8 billion on multi-family dwellings.

The remainder of the private residential construction spending in November, $135.5 billion, was money spent for any type of construction to an existing structure ranging from remodeling to additions to swimming pools to replacement of major systems such as HVAC systems. This was slightly higher the $132.6 billion spent in October and also higher than the $123.0 billion spent in November of 2012.

Tags: residential construction spending, single-family homes, multi-family dwellings, seasonally adjusted annual rate, remodeling, additions

Source:
Census Bureau

Reported by Shirley Allen

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS