Production and business activity

Economic Indicators, June, 2005

[Billions of dollars; monthly data at seasonally
adjusted annual rates]

                                      Private

                                         Residential

                 Total new
    Period      construction   Total   Total (1)     New
                expenditures                       housing

1995                557.8      427.9     247.4      171.4
1996                615.9      476.6     281.1      191.1
1997                653.4      502.7     289.0      198.1
1998 (r)            706.3      552.0     314.6      224.0
1999 (r)            769.5      599.7     350.6      251.3
2000 (r)            835.3      649.8     374.5      265.0
2001 (r)            868.3      662.2     388.3      279.4
2002 (r)            876.8      659.7     421.9      298.8
2003 (r)            925.1      701.6     475.9      345.9
2004 (r)          1,027.7      798.5     563.4      416.1

2004: May (r)     1,030.6      800.1     569.7      416.1
      June (r)    1,013.2      780.7     552.2      417.2
      July (r)    1,041.8      807.8     572.1      419.5
      Aug (r)     1,036.2      807.1     572.0      429.8
      Sept (r)    1,039.8      811.8     568.0      429.1
      Oct (r)     1,036.8      809.4     569.9      430.0
      Nov (r)     1,051.1      815.6     572.8      429.4
      Dec (r)     1,098.6      864.9     622.8      432.3

2005: Jan (r)     1,049.5      819.1     575.8      440.7
      Feb (r)     1,128.0      887.9     645.8      446.6
      Mar (r)     1,125.7      883.3     639.0      448.0
      Apr (r)     1,113.3      870.5     624.7      448.8
      May (p)     1,103.0      856.2     614.3      450.6

                               Private

                           Nonresidential

                                           Commercial
    Period      Total   Lodging   Office   (including
                                             farm)

1995            180.5      7.1     23.0       44.1
1996            195.5     10.9     26.5       49.4
1997            213.7     12.9     32.8       53.1
1998 (r)        237.4     14.8     40.4       55.7
1999 (r)        249.2     16.0     45.1       59.4
2000 (r)        275.3     16.3     52.4       64.1
2001 (r)        273.9     14.5     49.7       63.6
2002 (r)        237.7     10.5     35.3       59.0
2003 (r)        225.7      9.9     30.6       57.2
2004 (r)        235.1     11.5     33.1       61.6

2004: May       230.4     11.3     33.7       61.3
      June      228.5     11.7     33.4       62.2
      July      235.7     12.0     34.3       64.1
      Aug       235.1     12.5     32.7       63.0
      Sept      243.8     12.8     32.5       64.1
      Oct       239.4     12.9     33.0       64.1
      Nov       242.7     12.6     32.8       63.9
      Dec (r)   242.0     12.2     32.8       64.1

2005: Jan (r)   243.3     11.6     33.6       64.2
      Feb (r)   242.1     11.6     34.1       63.0
      Mar (r)   244.3     12.0     34.7       64.5
      Apr (r)   245.8     12.2     34.9       66.4
      May (p)   241.9     11.9     34.5       65.3

                         Private

                      Nonresidential

                                              Federal and
    Period      Manufacturing   Other (2)   State and local

1995                35.4           70.9          129.9
1996                38.1           70.6          139.3
1997                37.6           77.3          150.7
1998 (r)            40.5           86.0          154.3
1999 (r)            35.1           93.7          169.7
2000 (r)            37.6          104.9          185.5
2001 (r)            37.8          108.2          206.1
2002 (r)            22.7          110.2          217.2
2003 (r)            21.4          106.5          223.5
2004 (r)            23.5          105.4          229.3

2004: May           22.5          101.7          230.4
      June          20.9          100.4          232.5
      July          22.5          102.9          234.0
      Aug           22.8          104.1          229.1
      Sept          23.3          111.2          228.0
      Oct           25.5          103.9          227.4
      Nov           27.2          106.3          235.5
      Dec (r)       28.2          104.7          233.7

2005: Jan (r)       27.3          106.6          230.4
      Feb (r)       27.4          106.1          240.1
      Mar (r)       29.0          104.1          242.3
      Apr (r)       29.0          103.3          242.8
      May (r)       28.0          102.2          246.8

(1) Includes residential improvements, not shown separately.

(2) Includes health care, educational, communication, and power,
among other categories not shown separately.

NOTE.--Data reflect annual revisions released on July 1, 2005.

Source: Department of Commerce, Bureau of the Census.