Oct
01

US: Private Construction Down from July

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Spending on private construction was at a seasonally adjusted annual rate of $562.2 billion, 0.5 percent (±1.2%)* below the revised July estimate of $564.8 billion. Residential construction was at a seasonally adjusted annual rate of $273.5 billion in August, 0.9 percent (±1.3%)* above the revised July estimate of $271.1 billion. Nonresidential construction was at a seasonally adjusted annual rate of $288.7 billion in August, 1.7 percent (±1.2%) below the revised July estimate of $293.7 billion

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    Categories : National News

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