2026年2月27日 15:37 UTC（路透社）
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路透社华盛顿2月27日电 – 美国12月建筑支出有所增加，单户住宅建筑反弹以及房屋翻新工程持续强劲是主要推动力。
美国商务部人口普查局周五公布，11月建筑支出下降0.2%后，12月增长0.3%。这一增幅符合经济学家的预期。12月建筑支出同比下滑0.4%。数据因去年政府停摆而延迟发布。
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12月私人建筑项目支出在11月放缓0.2%后增长0.5%。住宅建筑投资在11月持平后增长1.5%。新单户住宅项目支出反弹1.5%。占住房市场小份额的多户住宅项目支出增长0.1%。
翻新工程支出进一步增加。尽管12月有所加速，但由于抵押贷款利率上升、进口关税导致建筑材料价格上涨以及劳动力短缺，房屋建设仍显疲软。
近几周抵押贷款利率下降可能刺激建筑活动，但建筑用地仍然稀缺。住宅投资已连续四个季度下降。
12月办公楼和工厂等私人非住宅建筑项目支出下降0.7%。尽管数据中心建设激增以支持人工智能发展，非住宅建筑支出已连续八个季度收缩。
公共建筑项目投资在11月下降0.2%后，12月再降0.5%。州和地方政府建筑支出12月下降0.7%，但联邦政府项目支出增长1.6%。
报道：露西亚·穆蒂卡尼（Lucia Mutikani）；编辑：野山知津（Chizu Nomiyama）
我们的标准：汤森路透信托原则
US construction spending increases in line with expectations in December
February 27, 2026 3:37 PM UTC / Reuters
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A drone view shows a construction worker performing tasks on a multi-home residential project by Shea Homes in Encinitas, California, U.S. July 21, 2025. REUTERS/Mike Blake/File Photo
WASHINGTON, Feb 27 (Reuters) – U.S. construction spending increased in December, lifted by a rebound in single-family homebuilding as well as ongoing strength in home renovations.
The Commerce Department’s Census Bureau said on Friday that construction spending rose 0.3% after falling 0.2% in November. The increase was in line with economists’ expectations. Construction spending slipped 0.4% year-on-year in December. The data was delayed by last year’s government shutdown.
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Spending on private construction projects rose 0.5% in December after easing 0.2% in November. Investment in residential construction increased 1.5% after being unchanged in November. Spending on new single-family housing projects rebounded 1.5%. Spending on multi-family housing units, which account for a small share of the housing market, rose 0.1%.
Renovations increased further. Despite December’s acceleration, homebuilding remained sluggish amid higher mortgage rates, more expensive building materials because of tariffs on imports, and labor shortages.
A decline in mortgage rates in recent weeks could spur construction, though building lots remain scarce. Residential investment has declined for four straight quarters.
Spending on private nonresidential structures like offices and factories dropped 0.7% in December. Spending on nonresidential structures has contracted for eight consecutive quarters, despite a surge in the construction of data centers to support artificial intelligence.
Investment in public construction projects decreased 0.5% after falling 0.2% in November. State and local government construction spending declined 0.7% in December, but outlays on federal government projects increased 1.6%.
Reporting by Lucia Mutikani; Editing by Chizu Nomiyama
Our Standards: The Thomson Reuters Trust Principles.
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