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The U.S. government is reporting that total construction spending in December, 2024 was at a seasonally adjusted annual rate of $2,192.2 billion, up 0.5% from November’s revised number. However, December’s estimate is 4.33% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of $939.5 billion in December, which is 1.5% higher than November’s revised estimate.
Click here to read the full report at the U.S. Census Bureau.
The post U.S. Construction Spending Up Slightly in December appeared first on Real Estate Investing Today.
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