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Home Improvement Spending Higher than Residential Construction in July
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 SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Home Improvement Spending Higher than Residential Construction in July
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
Home Improvement Spending Higher than Residential Construction in July

September 2, 2011 (Shirley Allen)

Private residential construction spending declined 1.4 percent to a seasonally adjusted annual rate of $248.1 billion in July from a revised estimate of $251.7 billion in June according to the U.S. Census Bureau as the total amount spent on home improvements exceeded the amount builder’s spent on new private residential construction.

Monthly spending by builders for all private construction types was 0.8 percent lower than the revised estimate of $519.0 billion in June to a seasonally adjusted annual rate of $514.5 billion in July.

Private residential construction in July was 4.1 percent higher than in July of 2010 when builders spent a seasonally adjusted $245.8 billion and total private construction spending was 5.5 percent higher than last July’s seasonally adjusted rate of $487.6 billion.

Private construction spending on new single-family homes was virtually unchanged from June to July with builders spending a seasonally adjusted $105.1 billion in July. June’s estimate was downwardly revised from $105.3 billion to $105.0 billion. Single-family home construction spending was down 8.4 percent compared to July of 2010, when builders spent a seasonally adjusted $114.8 billion.

Multi-family private construction spending increased 1.4 percent from June to July, to a seasonally adjusted annual rate of $14.0 billion. June’s estimate was upwardly revised from $13.6 billion to $13.8 billion. Multi-family construction spending was down 6.0 percent compared to July 2010 which saw spending at a seasonally adjusted annual rate of $14.9 billion.

The remainder of the private residential construction spending in July, $129.0 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 a decrease from an upwardly revised $132.9 billion in June and an increase from $105.8 billion spent in July of 2010.

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

Source:
Census Bureau

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.
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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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September 2, 2011 (Shirley Allen)

Private residential construction spending declined 1.4 percent to a seasonally adjusted annual rate of $248.1 billion in July from a revised estimate of $251.7 billion in June according to the U.S. Census Bureau as the total amount spent on home improvements exceeded the amount builder’s spent on new private residential construction.

Monthly spending by builders for all private construction types was 0.8 percent lower than the revised estimate of $519.0 billion in June to a seasonally adjusted annual rate of $514.5 billion in July.

Private residential construction in July was 4.1 percent higher than in July of 2010 when builders spent a seasonally adjusted $245.8 billion and total private construction spending was 5.5 percent higher than last July’s seasonally adjusted rate of $487.6 billion.

Private construction spending on new single-family homes was virtually unchanged from June to July with builders spending a seasonally adjusted $105.1 billion in July. June’s estimate was downwardly revised from $105.3 billion to $105.0 billion. Single-family home construction spending was down 8.4 percent compared to July of 2010, when builders spent a seasonally adjusted $114.8 billion.

Multi-family private construction spending increased 1.4 percent from June to July, to a seasonally adjusted annual rate of $14.0 billion. June’s estimate was upwardly revised from $13.6 billion to $13.8 billion. Multi-family construction spending was down 6.0 percent compared to July 2010 which saw spending at a seasonally adjusted annual rate of $14.9 billion.

The remainder of the private residential construction spending in July, $129.0 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 a decrease from an upwardly revised $132.9 billion in June and an increase from $105.8 billion spent in July of 2010.

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

Source:
Census Bureau

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

September 2, 2011 (Shirley Allen)

Private residential construction spending declined 1.4 percent to a seasonally adjusted annual rate of $248.1 billion in July from a revised estimate of $251.7 billion in June according to the U.S. Census Bureau as the total amount spent on home improvements exceeded the amount builder’s spent on new private residential construction.

Monthly spending by builders for all private construction types was 0.8 percent lower than the revised estimate of $519.0 billion in June to a seasonally adjusted annual rate of $514.5 billion in July.

Private residential construction in July was 4.1 percent higher than in July of 2010 when builders spent a seasonally adjusted $245.8 billion and total private construction spending was 5.5 percent higher than last July’s seasonally adjusted rate of $487.6 billion.

Private construction spending on new single-family homes was virtually unchanged from June to July with builders spending a seasonally adjusted $105.1 billion in July. June’s estimate was downwardly revised from $105.3 billion to $105.0 billion. Single-family home construction spending was down 8.4 percent compared to July of 2010, when builders spent a seasonally adjusted $114.8 billion.

Multi-family private construction spending increased 1.4 percent from June to July, to a seasonally adjusted annual rate of $14.0 billion. June’s estimate was upwardly revised from $13.6 billion to $13.8 billion. Multi-family construction spending was down 6.0 percent compared to July 2010 which saw spending at a seasonally adjusted annual rate of $14.9 billion.

The remainder of the private residential construction spending in July, $129.0 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 a decrease from an upwardly revised $132.9 billion in June and an increase from $105.8 billion spent in July of 2010.

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

Source:
Census Bureau

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