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The U.S. government is reporting that total construction spending in September, 2024 was at a seasonally adjusted annual rate of $2,148.8 billion, which is 0.1% higher than August’s revised number. However, September’s revised estimate is 4.1% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of $913.6 billion in September, which is 1.3% higher than August’s revised estimate.
Click here to read the full report at the U.S. Census Bureau.
The post U.S. Construction Spending Remains Steady appeared first on Real Estate Investing Today.
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