January 2006 by USCensus

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									For Release at 10:00 A.M. EST, Wednesday, March 1, 2006 Michael Davis, Joe Huesman or Linnet Holland (301) 763-1605 CB06-28

JANUARY 2006 CONSTRUCTION AT $1,163.4 BILLION ANNUAL RATE
The U.S. Census Bureau of the Department of Commerce announced today that construction spending during January 2006 was estimated at a seasonally adjusted annual rate of $1,163.4 billion, 0.2 percent (±1.3%)* above the revised December estimate of $1,161.2 billion. The January figure is 7.4 percent (±2.1%) above the January 2005 estimate of $1,083.7 billion. PRIVATE CONSTRUCTION

Spending on private construction was at a seasonally adjusted annual rate of $906.9 billion, 0.2 percent (±1.4%)* above the revised December estimate of $905.3 billion. Residential construction was at a seasonally adjusted annual rate of $649.9 billion in January, 0.1 percent (±1.3%)* above the revised December estimate of $649.5 billion. Nonresidential construction was at a seasonally adjusted annual rate of $257.0 billion in January, 0.5 percent (±1.4%)* above the revised December estimate of $255.8 billion. PUBLIC CONSTRUCTION

In January, the estimated seasonally adjusted annual rate of public construction spending was $256.5 billion, 0.2 percent (±1.8%)* above the revised December estimate of $255.9 billion. Educational construction was at a seasonally adjusted annual rate of $67.6 billion, 0.8 percent (±2.4%)* below the revised December estimate of $68.1 billion. Highway construction was at a seasonally adjusted annual rate of $68.9 billion, 0.9 percent (±4.2%)* above the revised December estimate of $68.3 billion.

February 2006 data will be released on April 3, 2006 at 10:00 A.M. EDT. For more detailed data and methodologies, go to our website: http://www.census.gov/constructionspending
EXPLANATORY NOTES In interpreting changes in the statistics in this release, note that month-to-month changes in seasonally adjusted statistics often show movements which may be irregular. It may take 2 months to establish an underlying trend for total construction and as long as 8 months for specific categories of construction. The statistics in this release are estimated from several sources and surveys and are subject to sampling variability as well as nonsampling error including bias and variance from response, nonreporting, and undercoverage. Estimates of the standard errors are provided in Table 3. Whenever a statement such as "2.3 (±3.1) percent above" appears in the text, this indicates the range (-0.8 to +5.4 percent) in which the actual percent change is likely to have occurred. All ranges given are 90 percent confidence intervals and account only for sampling variability. If a range does not contain zero, the change is statistically significant. If it does contain zero, the change is not statistically significant; that is, it is uncertain whether there was an increase or decrease. Statistics for the current month are preliminary estimates subject to revision in following months as additional data become available. The average absolute percent changes from preliminary estimate to first revision for the major seasonally adjusted components are as follows: total construction, 0.8 percent; private construction, 0.7 percent; and public construction, 1.4 percent.
* 90% confidence interval includes zero. The U.S. Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.

Table 1. Value of Construction Put in Place in the United States, Seasonally Adjusted Annual Rate
(Millions of dollars. Details may not add to totals due to rounding.) Percent change Jan 2006 from Dec Jan 2005 2005 0.2 0.1 0.3 0.9 0.0 0.6 0.0 -0.5 -1.1 -0.1 1.1 -0.6 8.2 0.1 0.8 0.5 -0.4 3.0 -1.3 0.2 0.1 0.5 1.2 -0.2 0.4 0.8 0.7 -1.1 -1.3 1.2 8.7 -0.6 -1.4 0.2 2.0 0.2 0.7 3.6 -2.7 -0.8 -0.3 2.7 -1.2 2.5 0.9 1.0 -1.6 3.4 7.4 6.5 8.5 8.3 4.2 9.5 5.6 11.2 -13.8 12.4 7.5 3.9 4.0 -4.0 12.5 30.6 14.2 25.8 12.2 6.3 6.5 5.6 8.1 8.9 9.5 6.2 0.3 -13.7 -2.3 14.8 4.5 -5.8 11.3 11.3 2.3 11.6 -8.8 9.1 3.4 13.5 11.6 15.3 0.3 1.9 12.7 31.9 13.7 26.0

Type of Construction

Jan p 2006 1,163,427 656,792 506,635 12,750 47,620 75,288 37,649 80,449 6,982 10,411 20,094 27,640 15,378 33,759 69,120 20,269 12,430 6,031 30,765 906,925 649,918 257,007 12,553 36,596 70,281 29,757 12,843 6,974 8,094 7,476 15,334 25,440 30,437 256,501 6,873 249,628 11,023 5,007 7,892 67,606 10,076 11,999 20,164 8,319 68,925 20,042 12,048 5,950

Dec r 2005 1,161,249 656,267 504,983 12,635 47,636 74,843 37,636 80,886 7,061 10,421 19,882 27,794 14,213 33,722 68,591 20,176 12,476 5,857 31,155 905,349 649,527 255,822 12,410 36,687 70,010 29,528 12,752 7,050 8,199 7,385 14,113 25,606 30,862 255,901 6,740 249,161 10,949 4,833 8,108 68,134 10,111 11,683 20,409 8,116 68,335 19,852 12,249 5,754

Nov r 2005 1,149,601 650,621 498,981 12,300 46,975 75,504 37,302 78,624 7,236 10,688 19,590 27,868 14,664 31,732 69,093 19,282 12,517 5,347 30,260 897,083 643,987 253,096 12,070 36,475 70,581 28,925 12,561 7,232 8,313 7,153 14,602 23,927 29,893 252,519 6,634 245,885 10,500 4,923 8,377 66,063 10,262 11,277 20,715 7,805 68,784 19,014 12,249 5,253

Oct 2005 1,143,619 649,191 494,428 11,946 46,703 73,889 37,440 79,038 7,351 11,000 19,557 28,146 13,964 31,825 67,454 18,141 12,655 5,673 29,647 892,023 642,501 249,522 11,671 35,668 68,676 29,149 13,065 7,346 8,142 6,954 13,867 23,907 29,351 251,596 6,690 244,906 11,034 5,213 8,292 65,973 10,546 11,415 21,193 7,919 67,031 17,741 12,292 5,585

Sep 2005 1,135,623 642,288 493,335 12,125 46,565 72,338 38,965 77,309 7,457 10,854 19,316 28,028 13,950 31,925 67,928 18,561 12,692 5,929 29,395 886,676 636,174 250,502 11,896 36,071 67,897 30,897 13,312 7,445 8,623 7,037 13,914 23,144 28,975 248,947 6,114 242,833 10,494 4,441 8,068 63,996 10,511 10,693 20,991 8,781 67,672 18,339 12,370 5,781

Jan 2005 1,083,695 616,729 466,966 11,778 45,692 68,758 35,655 72,378 8,102 9,265 18,689 26,605 14,792 35,176 61,459 15,518 10,882 4,794 27,424 853,334 610,011 243,323 11,617 33,599 64,168 28,024 12,800 8,080 8,286 6,510 14,679 27,014 27,335 230,361 6,718 223,643 12,093 4,591 7,632 59,578 9,031 10,403 20,095 8,161 61,169 15,191 10,592 4,722

Total Construction Residential Nonresidential Lodging Office Commercial Health care Educational Religious Public safety Amusement and recreation Transportation Communication Power Highway and street Sewage and waste disposal Water supply Conservation and development Manufacturing Total Private Construction 1 Residential Nonresidential Lodging Office Commercial Health care Educational Religious Amusement and recreation Transportation Communication Power Manufacturing Total Public Construction 2 Residential Nonresidential Office Commercial Health care Educational Public safety Amusement and recreation Transportation Power Highway and street Sewage and waste disposal Water supply Conservation and development
p

Preliminary

r

Revised

1

Includes the following categories of private construction not shown separately: public safety, highway and street, sewage and waste disposal, water supply, and conservation and development. Includes the following categories of public construction not shown separately: lodging, religious, communication, and manufacturing.

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Table 2. Value of Construction Put in Place in the United States, Not Seasonally Adjusted
(Millions of dollars. Details may not add to totals due to rounding.) Year-to-date Jan Jan 2006 2005 81,169 45,466 35,703 1,063 3,609 5,468 2,961 5,616 525 806 1,473 1,895 1,096 2,616 3,487 1,377 903 441 2,369 64,384 44,951 19,433 1,046 2,767 5,097 2,333 942 524 647 528 1,092 2,029 2,342 16,785 515 16,270 842 371 628 4,674 778 826 1,368 588 3,474 1,359 881 434 75,223 42,437 32,786 982 3,421 4,932 2,775 5,043 615 713 1,373 1,830 1,005 2,733 3,108 1,065 786 333 2,072 60,148 41,939 18,208 968 2,503 4,595 2,175 937 613 650 461 996 2,159 2,064 15,075 498 14,577 919 337 600 4,106 693 723 1,369 574 3,087 1,040 770 327

Type of Construction

Jan 2006p 81,169 45,466 35,703 1,063 3,609 5,468 2,961 5,616 525 806 1,473 1,895 1,096 2,616 3,487 1,377 903 441 2,369 64,384 44,951 19,433 1,046 2,767 5,097 2,333 942 524 647 528 1,092 2,029 2,342 16,785 515 16,270 842 371 628 4,674 778 826 1,368 588 3,474 1,359 881 434

Dec r 2005 87,895 48,986 38,909 1,053 3,810 5,831 3,024 5,895 563 856 1,550 2,171 1,308 2,738 4,477 1,503 973 455 2,702 69,257 48,440 20,817 1,034 2,935 5,451 2,356 993 562 663 595 1,300 2,150 2,677 18,637 546 18,092 874 380 668 4,902 831 887 1,576 587 4,459 1,473 956 447

Nov r 2005 98,419 56,194 42,224 1,025 4,027 6,389 3,177 6,236 639 954 1,667 2,461 1,344 2,588 5,900 1,651 1,063 450 2,654 77,270 55,637 21,633 1,006 3,157 5,997 2,460 1,018 638 697 630 1,339 1,953 2,623 21,149 557 20,591 870 393 718 5,217 918 970 1,831 636 5,872 1,627 1,042 443

Oct 2005 103,061 59,092 43,968 996 3,967 6,557 3,177 6,702 655 975 1,718 2,607 1,210 2,719 6,813 1,658 1,161 474 2,579 80,185 58,529 21,657 973 3,078 6,144 2,494 1,097 655 702 630 1,202 1,972 2,555 22,876 564 22,312 889 413 683 5,605 937 1,016 1,977 747 6,775 1,623 1,123 467

Sep 2005 104,965 58,824 46,141 1,010 4,140 6,659 3,314 7,120 672 1,025 1,691 2,672 1,194 2,870 7,659 1,798 1,152 637 2,526 80,160 58,215 21,945 991 3,134 6,200 2,605 1,139 671 721 638 1,191 2,044 2,491 24,805 609 24,196 1,007 459 709 5,981 997 971 2,034 827 7,634 1,780 1,117 624

Jan 2005 75,223 42,437 32,786 982 3,421 4,932 2,775 5,043 615 713 1,373 1,830 1,005 2,733 3,108 1,065 786 333 2,072 60,148 41,939 18,208 968 2,503 4,595 2,175 937 613 650 461 996 2,159 2,064 15,075 498 14,577 919 337 600 4,106 693 723 1,369 574 3,087 1,040 770 327

Percent change 7.9 7.1 8.9 8.2 5.5 10.9 6.7 11.4 -14.6 13.0 7.3 3.6 9.1 -4.3 12.2 29.3 14.9 32.4 14.3 7.0 7.2 6.7 8.1 10.5 10.9 7.3 0.5 -14.5 -0.5 14.5 9.6 -6.0 13.5 11.3 3.4 11.6 -8.4 10.1 4.7 13.8 12.3 14.2 -0.1 2.4 12.5 30.7 14.4 32.7

Total Construction Residential Nonresidential Lodging Office Commercial Health care Educational Religious Public safety Amusement and recreation Transportation Communication Power Highway and street Sewage and waste disposal Water supply Conservation and development Manufacturing Total Private Construction 1 Residential Nonresidential Lodging Office Commercial Health care Educational Religious Amusement and recreation Transportation Communication Power Manufacturing Total Public Construction 2 Residential Nonresidential Office Commercial Health care Educational Public safety Amusement and recreation Transportation Power Highway and street Sewage and waste disposal Water supply Conservation and development
p

Preliminary

r

Revised

1

Includes the following categories of private construction not shown separately: public safety, highway and street, sewage and waste disposal, water supply, and conservation and development. Includes the following categories of public construction not shown separately: lodging, religious, communication, and manufacturing.

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Table 3. Coefficients of Variation and Standard Errors by Type of Construction
(Percent)

Coefficient of variation Type of Construction Monthly estimate Total Construction Residential Nonresidential Lodging Office Commercial Health care Educational Religious Public safety Amusement and recreation Transportation Communication Power Highway and street Sewage and waste disposal Water supply Conservation and development Manufacturing Total Private Construction Residential Nonresidential Lodging Office Commercial Health care Educational Religious Amusement and recreation Transportation Communication Power Manufacturing Total Public Construction Residential Nonresidential Office Commercial Health care Educational Public safety Amusement and recreation Transportation Power Highway and street Sewage and waste disposal Water supply Conservation and development NA Not applicable 0.9 3.9 0.9 3.0 3.7 1.9 2.5 2.1 3.8 4.9 4.8 2.7 NA 1.1 2.6 3.0 3.3 4.1 3.2 1.3 1.1 1.3 3.0 4.5 2.0 2.9 4.7 3.8 7.4 17.4 NA 0.7 3.2 1.1 3.9 1.1 5.6 5.5 3.6 2.3 5.1 6.1 2.4 3.4 2.6 3.0 3.4 4.2 Year-to-date estimate 0.9 3.9 0.9 3.0 3.7 1.9 2.5 2.1 3.8 4.9 4.8 2.7 NA 1.1 2.6 3.0 3.3 4.1 3.2 1.3 1.1 1.3 3.0 4.5 2.0 2.9 4.7 3.8 7.4 17.4 NA 0.7 3.2 1.1 3.9 1.1 5.6 5.5 3.6 2.3 5.1 6.1 2.4 3.4 2.6 3.0 3.4 4.2 Year-to-date change 1.3 7.8 1.3 3.9 3.6 3.0 2.9 2.6 4.3 7.1 5.2 4.8 NA 1.6 5.3 5.5 6.5 15.4 6.0 1.6 1.3 1.6 3.9 4.3 3.1 3.4 6.1 4.3 6.6 14.3 NA 1.6 5.9 1.8 7.8 1.8 5.4 4.4 4.4 2.9 7.3 8.1 5.1 3.6 5.3 5.6 6.5 15.7

Standard error Month-to-month change 0.8 3.4 0.8 1.7 2.5 1.4 1.5 1.4 2.9 3.4 3.3 5.1 NA 0.9 2.6 3.7 3.4 5.6 1.7 0.9 0.8 0.9 1.7 3.0 1.4 1.6 3.2 2.9 4.9 8.1 NA 0.8 1.7 1.1 3.4 1.1 2.9 4.9 3.1 1.5 3.5 4.6 5.7 3.1 2.6 3.8 3.3 5.8 Month-to-month change from prev. year 1.3 7.8 1.3 3.9 3.6 3.0 2.9 2.6 4.3 7.1 5.2 4.8 NA 1.6 5.3 5.5 6.5 15.4 6.0 1.6 1.3 1.6 3.9 4.3 3.1 3.4 6.1 4.3 6.6 14.3 NA 1.6 5.9 1.8 7.8 1.8 5.4 4.4 4.4 2.9 7.3 8.1 5.1 3.6 5.3 5.6 6.5 15.7

Table 4. Annual Value of Construction Put in Place in the United States
(Millions of dollars. Details may not add to totals due to rounding.) Coefficient of Variation 0.7 2.9 0.7 2.5 3.1 1.7 2.4 1.4 3.2 3.2 2.8 2.6 NA 1.2 1.9 2.1 2.0 3.9 3.2 1.1 1.1 1.1 2.5 3.8 1.7 2.8 3.4 3.2 13.5 4.8 6.8 NA 1.0 20.0 16.1 3.3 0.8 2.9 0.8 2.1 4.6 3.0 1.6 3.3 3.1 2.8 3.0 1.9 2.1 2.1 4.0

Type of Construction Total Construction Residential Nonresidential Lodging Office Commercial Health care Educational Religious Public safety Amusement and recreation Transportation Communication Power Highway and street Sewage and waste disposal Water supply Conservation and development Manufacturing Total Private Construction 1 Residential Nonresidential Lodging Office Commercial Health care Educational Religious Public safety Amusement and recreation Transportation Communication Power Sewage and waste disposal Water supply Manufacturing Total Public Construction 2 Residential Nonresidential Office Commercial Health care Educational Public safety Amusement and recreation Transportation Power Highway and street Sewage and waste disposal Water supply Conservation and development NA Not applicable
1 r

2005r 1,119,764 632,815 486,950 12,026 46,322 71,751 36,661 76,972 7,572 9,897 19,012 27,149 14,284 33,942 67,095 17,838 12,227 5,372 28,829 873,068 626,219 246,849 11,780 35,161 66,892 28,498 12,828 7,557 349 8,041 6,792 14,181 25,130 267 279 28,607 246,697 6,596 240,101 11,161 4,859 8,163 64,145 9,548 10,972 20,358 8,812 66,739 17,571 11,948 5,240

2004 1,027,738 569,983 457,755 12,017 45,082 66,586 34,122 72,267 8,087 9,083 19,860 26,863 13,530 34,607 60,475 15,660 10,949 4,899 23,671 798,489 563,378 235,110 11,542 33,112 61,582 26,706 12,722 8,080 289 8,553 6,642 13,382 27,735 342 406 23,517 229,250 6,605 222,645 11,970 5,004 7,415 59,545 8,794 11,307 20,221 6,872 60,145 15,318 10,543 4,727

Percent change 9.0 11.0 6.4 0.1 2.8 7.8 7.4 6.5 -6.4 9.0 -4.3 1.1 5.6 -1.9 10.9 13.9 11.7 9.7 21.8 9.3 11.2 5.0 2.1 6.2 8.6 6.7 0.8 -6.5 20.8 -6.0 2.3 6.0 -9.4 -21.9 -31.3 21.6 7.6 -0.1 7.8 -6.8 -2.9 10.1 7.7 8.6 -3.0 0.7 28.2 11.0 14.7 13.3 10.9

Revised

Includes the following categories of private construction not shown separately: highway and street, and conservation and development. Includes the following categories of public construction not shown separately: lodging, religious, communication, and manufacturing.

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