Industry News

Real estate construction spending dips

But spending still higher than a year ago
Published on Aug 2, 2004

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by CareyBot

Private residential construction spending was at a seasonally adjusted annual rate of $527.1 billion in June, down approximately 0.6 percent from the revised May estimate of $530.2 billion, the U.S. Census Bureau reported today. Spending was up 13.3 percent from ...