Capital Investment and Construction

National Data

On a year-over-year basis, private construction spending among manufacturers has plummeted 10.4% from $76.64 billion in February 2020. Total private nonresidential spending declined 1.0% in February, with a decrease of 9.7% over the past 12 months.


Source: National Association of Manufacturers

Housing Starts, August 2019 – August 2020

(Seasonally Adjusted, at the Annual Rate, in Thousands of Units)

Bar chart showing housing starts August 2019 - August 2020 in single family and multifamily counts in the New North region.

Source: U.S. Census Bureau

Average 30-Year Fixed Mortgage Rates, 2008–2020

Line chart of average 30 year fixed mortgage rates from 2008 - 2020.

Source: Freddie Mac