Total U.S. Construction Spending Holding Steady

BY  ON NOVEMBER 9, 2018

The U.S. government is reporting that total construction spending in September was estimated at $1,329.5 billion, which is nearly identical to August’s revised estimate and 7.2% higher than September, 2017.  Residential construction was at a seasonally adjusted annual rate of $556.4 billion in September, 0.6% above August’s revised estimate.