[New post] Construction Spending Dips Slightly in September

Brad Beckett posted: "The U.S. government is reporting that total construction spending in September was at a seasonally adjusted annual rate of $1,573.7 billion, which is down0.5% from August's revised estimate.  However, September's figure is 7.8% higher than one year ago.  " New post on Real Estate Investing Today Construction Spending Dips Slightly in September by Brad Beckett The U.S. government is reporting that total construction spending in September was at a seasonally adjusted annual rate of $1,573.7 billion, which is down0.5% from August's revised estimate.  However, September's figure is 7.8% higher than one year ago.  Residential construction was at a seasonally adjusted annual rate of $773.5 billion in September, which is 0.4% lower than August's revised estimate.Click here to read the full report at the U.S. Census Bureau.   Brad Beckett | November 2, 2021 at 7:29 am | Tags: building, census, census bureau, construction, data, economy, government, housing, investing, lagging indicators, real estate, real estate investing, residential, trends, US Economy | Categories: News | URL: https://wp.me/p6zbSw-3X8 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-dips-slightly-in-september/