Industry News

Real estate construction spending hovers near $1 trillion

Total spending up 9% for first 11 months of 2004
Published on Jan 3, 2005

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by CareyBot

Private residential construction spending was at $554.7 million in November, up 10 percent from November 2003 but down 0.4 percent from October 2004, the U.S. Census Bureau reported today. The November spending total is a seasonally adjusted annual rate that ...