Industry News

Real estate construction spending grows at strong clip

Total value topped $1.12 trillion last year
Published on Feb 1, 2006

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by CareyBot

Private residential construction spending was at a seasonally adjusted annual rate of about $648.9 billion in December, up 8.5 percent from December 2004 and up 1 percent above the revised November estimate, the U.S. Census Bureau and Department of Commerce ...