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The U.S. government is reporting that total construction spending in October, 2024 was at a seasonally adjusted annual rate of $2,174 billion, which is 0.4% higher than September’s revised number. However, October’s revised estimate is 5% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of $934 billion in October, which is 1.5% higher than September’s revised estimate.
Click here to read the full report at the U.S. Census Bureau.
The post U.S. Construction Spending Up Slightly appeared first on Real Estate Investing Today.
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