Value of Construction Put in Place at a Glance November 2015 - $1,122.5 Billion Annual rate - 10.5 percent (±1.8%) above the November 2014 estimate of $1,016.1 billion.

November 2015 CONSTRUCTION AT $1,122.5 BILLION ANNUAL RATE

The U.S. Census Bureau of the Department of Commerce announced today that construction spending during November 2015 was estimated at a seasonally adjusted annual rate of $1,122.5 billion, 0.4 percent (±1.5%)* below the revised October estimate of $1,127.0 billion. The November figure is 10.5 percent (±1.8%) above the November 2014 estimate of $1,016.1 billion.

During the first 11 months of this year, construction spending amounted to $1,011.9 billion, 10.7 percent (±1.2%) above the $913.9 billion for the same period in 2014.

PRIVATE CONSTRUCTION

Spending on private construction was at a seasonally adjusted annual rate of $828.2 billion, 0.2 percent (±0.8%)* below the revised October estimate of $829.7 billion. Residential construction was at a seasonally adjusted annual rate of $427.9 billion in November, 0.3 percent (±1.3%)* above the revised October estimate of $426.8 billion. Nonresidential construction was at a seasonally adjusted annual rate of $400.3 billion in November, 0.7 percent (±0.8%)* below the revised October estimate of $402.9 billion.

PUBLIC CONSTRUCTION

In November, the estimated seasonally adjusted annual rate of public construction spending was $294.3 billion, 1.0 percent (±2.5%)* below the revised October estimate of $297.3 billion. Educational construction was at a seasonally adjusted annual rate of $71.2 billion, 5.0 percent (±3.9%) above the revised October estimate of $67.8 billion. Highway construction was at a seasonally adjusted annual rate of $90.7 billion, 1.3 percent (±5.6%)* below the revised October estimate of $92.0 billion.

December 2015 data will be released on February 1, 2016 at 10:00 A.M. EST.

For more detailed data and methodologies, go to our website:

http://www.census.gov/constructionspending

Value of Construction Put in Place at a Glance November 2015

	Seasonally Adjusted Annual Rate				Not Seasonally Adjusted
	(millions of dollars)				(millions of dollars)
Total	1,122,457	XLS (11k)	PDF (31k)		93,662	XLS (11k)	PDF (31k)
Private	828,161	XLS (15k)	PDF (36k)		69,183	XLS (15k)	PDF (36k)
Residential	427,909	XLS (8k)	PDF (16k)		34,741	XLS (8k)	PDF (16k)
Nonresidential	400,252	XLS (8k)	PDF (18k)		34,441	XLS (8k)	PDF (18k)
Public	294,296	XLS (11k)	PDF (24k)		24,479	XLS (11k)	PDF (24k)
State and Local	270,275	XLS (11k)	PDF (31k)		22,544	XLS (11k)	PDF (31k)
Federal	24,021	XLS (8k)	PDF (18k)		1,934	XLS (8k)	PDF (18k)

Source: Census.gov