At microwave frequencies, each centimeter of precipitable water vapor (PWV) causes about 6.45 cm of extra electrical path length relative to the dry air. The fluctuations of the water vapor dominate the changes of the effective path length through the atmosphere in a relatively short time period of a few hours. In this paper we describe a microwave interferometer developed for water vapor investigations and present the observation results. The interferometer consists of 10 antennas along two orthogonal 400-m arms that form many baselines (antenna pairs) ranging from 100 to 400 m. All the antennas receive a common CW signal (11.7 GHz) from a geostationary television satellite, and phase differences between pairs of antennas are measured. The phase differences reflect the column-integrated water vapor differences from the top of the atmosphere to the spatially separated antennas at the ground. The interferometric, baseline-differential measurements allow us to study the statistical properties of the PWV fluctuations, as well as the turbulent activity of the convective boundary layer (CBL). Structure function analysis of the interferometer measurements shows good agreement with results obtained from the Very Large Array (VLA) and with a theoretical model developed for radio astronomical very long baseline interferometry (VLBI), reported previously by other investigators. The diurnally varying structure constant correlates remarkably well with the combination of the latent and sensible heat fluxes measured simultaneously from a 10-m meteorological tower. The average drift velocity of the PWV over the interferometer was also derived from the measurements. The derived velocity agrees well during the morning hours with the wind measured by an anemometer at the center of the interferometer. ¿ 1999 American Geophysical Union