Industry News

Real estate construction spending hits $1.21 trillion

Money for residential, highways, schools increases in May
Published on Jul 3, 2006

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by CareyBot

Total construction spending during May 2006 was estimated at a seasonally adjusted annual rate of $1.21 trillion, which is 6 percent higher than the rate in May 2005 and 0.4 percent below the revised April estimate, the U.S. Census Bureau ...