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.
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