Industry News

Real estate construction spending keeps $1 trillion pace

Slight increase for residential sector from a year ago
Published on Sep 1, 2005

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by CareyBot

The U.S. Census Bureau of the Department of Commerce today announced that construction spending during July was estimated at a seasonally adjusted annual rate of $1.099.3 trillion, down slightly from the revised June estimate of $1,099.7 trillion but 6 percent ...