Industry News

Real estate construction spending up 9.4%

Projected rate of spending tops trillion mark for second straight month
Published on Nov 1, 2004

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by CareyBot

Private residential construction spending was at a seasonally adjusted annual rate of $551.6 billion in September, which is 0.2 percent (plus or minus 1.8 percent) below the revised August estimate of $553 billion, the U.S. Census Bureau reported today. That ...