Today, the U.S. Census Bureau released their latest read of construction spending showing generally worsening results in April with total private residential, private single family residential and private non-residential construction spending all declining on the month.
On a month-to-month basis, total residential construction spending declined 1.5% on the month rising 8.0% above the level seen a year earlier but still remained well below the peak level seen in 2006.
Single family construction spending declined a slight 0.004% on the month rising 12.9% above the level seen a year earlier but still remained well below it's peak level reached in 2006.
Non-residential construction spending declined 1.5% on the month climbing 3.4% above the level seen a year earlier.
The following charts (click for larger dynamic versions) show private residential construction spending, private residential single family construction spending and private non-residential construction spending broken out and plotted since 1993 along with the year-over-year, month-to-month and peak percent change to each since 1994 and 2000 – 2005.