[New post] Construction Spending Up Slightly in November

Brad Beckett posted: "The U.S. government is reporting that total construction spending in November was at a seasonally adjusted annual rate of $1,625 billion, which is up 0.4% from October's revised estimate.  However, November's figure is 9.3% higher than one year ago.  Resi" New post on Real Estate Investing Today Construction Spending Up Slightly in November by Brad Beckett The U.S. government is reporting that total construction spending in November was at a seasonally adjusted annual rate of $1,625 billion, which is up 0.4% from October's revised estimate.  However, November's figure is 9.3% higher than one year ago.  Residential construction was at a seasonally adjusted annual rate of $796.3 billion in November, which is 0.9% higher than October's revised estimate. Click here to read the full report at the U.S. Census Bureau.   Brad Beckett | January 5, 2022 at 7:29 am | Tags: building, census, census bureau, data, economy, government, housing, investing, lagging indicators, real estate, real estate investing, residential, trends, US Economy | Categories: News | URL: https://wp.me/p6zbSw-41A 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-up-slightly-in-november/