Industry News

Real estate construction spending climbs

Activity remains on pace to top $1 trillion this year
Published on Oct 3, 2005

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by CareyBot

Construction spending during August 2005 was estimated at a seasonally adjusted annual rate of about $1.11 trillion, which is 0.4 percent above the revised July estimate and 6.1 percent above the August 2004 estimate, the U.S. Census Bureau reported today. ...