Industry NewsMarkets & Economy

Home construction spending falls for 23rd straight month

Total spending rate dips to $1.12 trillion in January
Published on Mar 3, 2008

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

The rate of residential construction spending fell for the 23rd consecutive month and hit its lowest rate in about five years in January, the U.S. Census Bureau reported today. The seasonally adjusted annual rate of spending on private residential construction ...