Industry NewsMarkets & Economy

Home construction spending falls in February

Spending rate off 34% from its 2006 peak, Census Bureau finds
Published on Apr 1, 2008

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

The spending rate for residential construction projects dropped for the 24th consecutive month in February and has fallen 34.4 percent from its peak of $696 million in February 2006, the U.S. Census Bureau announced today.