Industry News

Real estate construction spending grows

Annualized rate increases to $997 billion in July
Published on Sep 1, 2004

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by CareyBot

Construction spending on housing put in place during July rose approximately 0.4 percent to a seasonally adjusted annual rate of $997.2 billion, compared to the revised June estimate of $992.9 billion, according to the U.S. Commerce Department’s Census Bureau. The ...