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U.S. Construction Spending Unchanged

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census bureau logoThe U.S. government is reporting that total construction spending in October, 2024 was at a seasonally adjusted annual rate of $2,152 billion, which is roughly the same as October’s revised number.  However, November’s revised estimate is 3% higher than one year ago.  Residential construction came in at a seasonally adjusted annual rate of $906 billion in November, which is 0.1% higher than October’s revised estimate.

Click here to read the full report at the U.S. Census Bureau.

 

The post U.S. Construction Spending Unchanged appeared first on Real Estate Investing Today.

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