[New post] Construction Spending Remains Strong

Brad Beckett posted: "The U.S. government is reporting that total construction spending in August was at a seasonally adjusted annual rate of $1,584.1 billion, which is virtually the same as  July's revised estimate.  However, August's figure is 8.9% higher than one year ago. " New post on Real Estate Investing Today Construction Spending Remains Strong by Brad Beckett The U.S. government is reporting that total construction spending in August was at a seasonally adjusted annual rate of $1,584.1 billion, which is virtually the same as  July's revised estimate.  However, August's figure is 8.9% higher than one year ago.  Residential construction was at a seasonally adjusted annual rate of $786.6 billion in June, which is 0.4% higher than July's revised estimate. Click here to read the full report at the U.S. Census Bureau.   Brad Beckett | October 6, 2021 at 9:22 am | Tags: building, census, census bureau, census data, construction, data, economy, housing, investing, jobs, real estate, real estate investing, residential, states, trends, US Economy | Categories: News | URL: https://wp.me/p6zbSw-3Vv Unsubscribe to no longer receive posts from Real Estate Investing Today. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://realestateinvestingtoday.com/construction-spending-remains-strong/