Industry News

Construction spending tops $1.2 trillion pace

More money spent on highways, schools in August
Published on Oct 2, 2006

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by CareyBot

The rate of construction spending in August was estimated at $1.2 trillion, which is 4.4 percent above the August 2005 estimate and 0.3 percent above the July estimate, the U.S. Census Bureau announced today. Spending on private residential construction was ...