Industry News

Real estate construction spending rises

Commerce Department reports 17% year-over-year gain
Published on Jun 1, 2004

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by CareyBot

Private residential construction spending was at a seasonally adjusted annual rate of $520.7 billion in April, or 1.2 percent above the revised March estimate of $514.7 billion, the U.S. Department of Commerce reported today. In April 2003, the seasonally adjusted ...