Industry News

Real estate construction spending rises

Annualized rate increases to $944 billion in March
Published on May 3, 2004

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by CareyBot

Construction spending on housing put in place during March 2004 was estimated at a seasonally adjusted annual rate of $944 billion, approximately 1.5 percent above the revised February estimate of $930 billion, according to the U.S. Commerce Department’s Census Bureau. ...