[Economic Report of the President (1999)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



PRODUCTION AND BUSINESS ACTIVITY


[[Page 390]]


Table B-55.--New construction activity, 1959-98
[Value put in place, billions of dollars; monthly data at seasonally adjusted annual rates]
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Private construction                           Public construction
-------------------------------------------------------------------------------------------
Total                Residential     Nonresidential buildings and other
new                 buildings\1\              construction\1\
Year or month                    construc-          -------------------------------------------------------                   Stateand
tion     Total               New               Com-                      Total   Federal
Total\2\  housing   Total     mer-   Indus-  Other\4\                    local\5\
units           cial\3\   trial
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1959.............................................      55.4      39.3      24.3     19.2     15.1      3.9     2.1       9.0     16.1     3.7      12.3

1960.............................................      54.7      38.9      23.0     17.3     15.9      4.2     2.9       8.9     15.9     3.6      12.2
1961.............................................      56.4      39.3      23.1     17.1     16.2      4.7     2.8       8.7     17.1     3.9      13.3
1962.............................................      60.2      42.3      25.2     19.4     17.2      5.1     2.8       9.2     17.9     3.9      14.0
1963.............................................      64.8      45.5      27.9     21.7     17.6      5.0     2.9       9.7     19.4     4.0      15.4

New series

1964.............................................      75.1      54.9      30.5     24.1     24.4      7.9     5.0      11.5     20.2     3.7      16.5
1965.............................................      81.9      60.0      30.2     23.8     29.7      9.4     7.2      13.1     21.9     3.9      18.0
1966.............................................      85.8      61.9      28.6     21.8     33.3      9.4     9.3      14.6     23.8     3.8      20.0
1967.............................................      87.2      61.8      28.7     21.5     33.1      9.3     8.4      15.4     25.4     3.3      22.1
1968.............................................      96.8      69.4      34.2     26.7     35.2     10.4     8.5      16.3     27.4     3.2      24.2
1969.............................................     104.9      77.2      37.2     29.2     39.9     12.5     9.6      17.8     27.8     3.2      24.6

1970.............................................     105.9      78.0      35.9     27.1     42.1     13.0     9.3      19.8     27.9     3.1      24.8
1971.............................................     122.4      92.7      48.5     38.7     44.2     15.3     7.8      21.1     29.7     3.8      25.9
1972.............................................     139.1     109.1      60.7     50.1     48.4     18.8     6.7      22.9     30.0     4.2      25.8
1973.............................................     153.8     121.4      65.1     54.6     56.3     21.7     9.0      25.6     32.3     4.7      27.6
1974.............................................     155.2     117.0      56.0     43.4     61.1     21.7    11.5      27.9     38.1     5.1      33.0
1975.............................................     152.6     109.3      51.6     36.3     57.8     17.2    11.7      28.9     43.3     6.1      37.2
1976.............................................     172.1     128.2      68.3     50.8     59.9     17.0    10.5      32.4     44.0     6.8      37.2
1977.............................................     200.5     157.4      92.0     72.2     65.4     19.7    11.3      34.5     43.1     7.1      36.0
1978.............................................     239.9     189.7     109.8     85.6     79.9     24.7    16.2      39.0     50.1     8.1      42.0
1979.............................................     272.9     216.2     116.4     89.3     99.8     34.0    22.0      43.7     56.6     8.6      48.1

1980.............................................     273.9     210.3     100.4     69.6    109.9     41.7    20.5      47.7     63.6     9.6      54.0
1981.............................................     289.1     224.4      99.2     69.4    125.1     48.7    25.4      51.0     64.7    10.4      54.3
1982.............................................     279.3     216.3      84.7     57.0    131.6     53.9    26.1      51.6     63.1    10.0      53.1
1983.............................................     311.6     248.1     125.5     94.6    122.6     53.4    19.5      49.8     63.5    10.6      52.9
1984.............................................     369.0     298.8     153.8    113.8    144.9     71.6    20.9      52.4     70.2    11.2      59.0
1985.............................................     401.4     323.6     158.5    114.7    165.1     88.1    24.1      52.9     77.8    12.0      65.8
1986.............................................     429.9     345.3     187.1    133.2    158.2     84.0    21.0      53.2     84.6    12.4      72.2
1987.............................................     441.6     351.0     194.7    139.9    156.3     83.2    21.2      52.0     90.6    14.1      76.6
1988.............................................     455.6     360.9     198.1    138.9    162.8     86.4    23.2      53.2     94.7    12.3      82.5
1989.............................................     469.8     371.6     196.6    139.2    175.1     89.2    28.8      57.1     98.2    12.2      86.0

1990.............................................     468.5     361.1     182.9    128.0    178.2     85.8    33.6      58.8    107.5    12.1      95.4
1991.............................................     424.2     314.1     157.8    110.6    156.2     62.2    31.4      62.6    110.1    12.8      97.3
1992.............................................     452.1     336.2     187.8    129.6    148.4     53.2    29.0      66.2    115.8    14.4     101.5
1993.............................................     478.6     362.7     210.5    144.1    152.2     57.9    26.5      67.8    116.0    14.4     101.5
1994.............................................     519.5     399.3     238.9    167.9    160.5     64.4    28.9      67.1    120.2    14.4     105.8
1995.............................................     538.1     407.5     230.7    162.9    176.8     75.4    32.5      68.9    130.7    15.8     114.9
1996.............................................     583.6     446.3     256.5    179.4    189.8     87.0    32.7      70.2    137.3    15.4     122.0
1997.............................................     618.2     471.2     265.6    187.1    205.5     96.3    31.4      77.8    147.1    14.3     132.8

1997: Jan........................................     602.1     461.2     259.0    179.7    202.2     97.4    32.6      72.2    140.9    13.7     127.2
Feb..........................................     618.4     470.2     264.4    185.5    205.8    100.2    33.2      72.4    148.2    14.3     133.9
Mar..........................................     617.2     466.0     264.9    185.7    201.1     96.2    30.2      74.7    151.3    13.6     137.7
Apr..........................................     613.2     466.9     266.1    187.0    200.7     92.9    30.2      77.6    146.4    13.5     132.8
May..........................................     610.8     466.3     265.8    187.0    200.5     93.3    30.6      76.6    144.5    13.3     131.2
June.........................................     611.6     465.2     262.9    184.5    202.3     94.7    31.1      76.5    146.5    13.7     132.8

July.........................................     620.5     473.3     263.2    184.7    210.1     99.0    32.7      78.4    147.2    14.1     133.1
Aug..........................................     623.4     475.5     263.5    185.1    212.0     98.9    33.4      79.7    147.9    13.9     134.0
Sept.........................................     623.3     475.9     266.1    187.8    209.8     96.0    32.2      81.6    147.4    14.8     132.7
Oct..........................................     626.6     477.5     268.6    190.9    208.9     97.2    30.9      80.9    149.1    15.2     133.8
Nov..........................................     623.1     475.3     268.9    190.8    206.4     96.4    30.1      80.0    147.7    15.7     132.0
Dec..........................................     626.3     478.4     273.0    194.6    205.3     95.9    29.8      79.7    147.9    15.6     132.3

1998: Jan........................................     633.7     487.8     279.0    197.2    208.9     98.9    31.1      78.9    145.9    13.2     132.7
Feb..........................................     638.2     490.9     282.5    200.6    208.4     96.9    30.9      80.6    147.3    15.1     132.2
Mar..........................................     639.9     494.3     286.0    203.6    208.3     96.2    31.5      80.7    145.6    14.7     130.9
Apr..........................................     646.0     500.1     289.7    206.9    210.4     98.8    31.5      80.2    145.9    13.6     132.3
May..........................................     635.4     496.5     288.0    204.3    208.5     99.0    29.6      79.8    138.9    12.9     126.0
June.........................................     650.3     503.6     291.9    208.0    211.7    102.2    30.1      79.4    146.7    13.9     132.8

July.........................................     658.7     511.5     299.3    212.6    212.2    103.4    28.6      80.2    147.2    15.5     131.7
Aug..........................................     663.3     516.6     300.6    213.1    216.0    101.6    32.3      82.1    146.7    14.7     132.0
Sept.........................................     670.1     521.0     305.0    216.6    216.1    103.7    30.3      82.0    149.1    14.5     134.5
Oct..........................................     672.0     527.1     307.5    219.0    219.5    107.6    29.1      82.8    145.0    13.8     131.2
Novp.........................................     677.8     529.6     311.2    222.4    218.4    108.7    28.2      81.5    148.1    14.9     133.3
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\1\Beginning 1960, farm residential buildings included in residential buildings; prior to 1960, included in nonresidential buildings and other
construction.
\2\Includes residential improvements, not shown separately. Prior to 1964, also includes nonhousekeeping units (hotels, motels, etc.).
\3\Office buildings, warehouses, stores, restaurants, garages, etc., and, beginning 1964, hotels and motels; prior to 1964 hotels and motels are
included in total residential.
\4\Religious, educational, hospital and institutional, miscellaneous nonresidential, farm (see also footnote 1), public utilities (telecommunications,
gas, electric, railroad, and petroleum pipelines), and all other private.
\5\Includes Federal grants-in-aid for State and local projects.

Source: Department of Commerce, Bureau of the Census.