Industry News

Residential construction spending drops for 11th month

Spending rate down 15% year-over-year in February
Published on Mar 30, 2007

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

The rate of residential construction spending in January fell 15.1 percent in February compared to the same month last year, the U.S. Census Bureau announced today. It was the lowest rate since June 2004, and the 11th consecutive month of ...