August Construction Starts Inch Up; Year-to-Date Strong

The U.S. Census Bureau of the Department of Commerce announced that construction spending during August 2015 was estimated at a seasonally adjusted annual rate of $1,086.2 billion, 0.7 percent (±1.5 ) above the revised July estimate of $1,079.1 billion. The August figure is 13.7 percent (±2.1 ) above the August 2014 estimate of $955.0 billion.

Read More