Industry News

Residential real estate construction spending holds steady

More money spent on highways, less on schools in January
Published on Mar 1, 2006

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by CareyBot

Residential construction was at a seasonally adjusted annual rate of about $649.9 billion in January, or 0.1 percent above the revised December estimate and 6.5 percent above the January 2005 rate, the U.S. Census Bureau of the Department of Commerce ...