Construction Spending Rises in October
Published: Monday, 02 December 2013 20:43
The U.S. Census Bureau of the Department of Commerce announced that construction spending during October 2013 was estimated at a seasonally adjusted annual rate of $908.4 billion, 0.8 percent (±1.8 percent) above the September estimate of $901.2 billion. The October figure is 5.3 percent (±2.1 percent) above the October 2012 estimate of $863.1 billion.
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October Construction Advances 5 Percent
Published: Monday, 25 November 2013 16:31
The value of new construction starts increased 5 percent in October to a seasonally adjusted annual rate of $585.6 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The gain followed a 13 percent jump for total construction starts in September, and during both September and October much of the upward push came from groundbreaking for several very large projects.
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