What are the expenditure on the construction?

The key measurement for the determination of the power of economic activities in industrial countries is the expenditure on the construction industry. In the United States, this indicator calculates the level of expenditure on residential and non -residential new construction activities that are completed or in some cases, expected to be completed. Expenditure on the private sector and money spent on projects carried out at the state and federal levels are calculated to determine the amount of construction expenses for a specific period. Building expenses are the main part of the gross domestic product or GDP.

GDP calculates the economic production of the nation by putting the market value on all final goods and services produced in the country during the specified time. Expenditures on commercial and government expenditure represent a significant amount of annual investment expenditure in the US. Expenditures generated in the construction industry have a direct impact on the companies of finance, home equipment, appliances and other shops. Economic vitality in the construction industry usually in these companiesIt projection into higher sales. This association makes construction expenditures a key indicator of sentiment to determine the overall health of the economy.

Every month, the US Department of Trade Census publishes a report on expenditure expenditure that reveals actual numbers and values ​​adapted by inflation. This report is a compilation of data derived from public and private sources. A number of methods are used to create a monthly message. For private residential buildings consisting of new family houses, data are obtained from a survey of the construction of the US Census Office.

This information focuses on the beginning of housing and sales. This category also includes rental units, houses that are for sale, houses built by the owner and houses built on the contract. There is also a sampling of residential projects for multiple families that are two units and higher. This component of the message contains improved informationI real estate occupied by the owner. The data is taken from the review of the US Labor Statistics Office.

In the area of ​​private non -resident design, an analysis entitled Survey for Progression Report reports the costs of commercial construction carried out in the United States. The numbers are provided by McGraw-Hill Construction and are based on developments worth $ 75,000 in the US (USD) or more. It includes project statistics that are not documented by the normal building permit process or contained in other McGraw-Hill construction.

are also included new farms that are non -residential. This module of reports on the expenditure of building expenditure is reflected in the information provided by the Ministry of Agriculture. In addition, the monthly values ​​in detail on this account are made of annual numbers.

Projects

projects completed by public public services companies that are regulated by the government are the last group incorporated into reportsy about the expenditure on the construction industry. This category includes construction development completed by business organizations from communication companies to oil companies. The data fulfilled for this module is compiled from regulatory agencies, private companies and direct reports on ongoing construction activities.

Expenditures on the construction of the government are collected from state and local municipalities and federal construction activities. The statistics of this group are obtained from private non-resident numbers provided by McGraw-Hill Construction. Sampling of construction expenditure in this area is divided according to the type of construction. Infrastructure expenses include highway, sewer and water facilities. The data are also reported on housing, office buildings and educational facilities with public funds.