2018-11-03 Total U.S. Construction Spending Holding Steady
| By:
Brad Beckett
Total U.S. Construction Spending Holding Steady
by Brad Beckett
The U.S. government is reporting that total construction spending in September was estimated at $1,329.5 billion, which is nearly identical to August’s revised estimate and 7.2% higher than September, 2017. Residential construction was at a seasonally adjusted annual rate of $556.4 billion in September, 0.6% above August’s revised estimate.
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