Industry News

Real estate construction spending climbs to $1.13 trillion

Residential rate reaches $630 billion in October
Published on Dec 1, 2005

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by CareyBot

Construction spending during October 2005 was estimated at a record seasonally annual rate of $1.13 trillion, about 0.7 percent above the revised September estimate and about 7.9 percent above the October 2004 estimate, the U.S. Census Bureau of the Department ...