November Construction Dips; Up Strong Year-Over-Year

The U.S. Census Bureau of the Department of Commerce announced that construction spending during November 2015 was estimated at a seasonally adjusted annual rate of $1,122.5 billion, 0.4 percent (±1.5 percent) below the revised October estimate of $1,127.0 billion. The November figure is 10.5 percent (±1.8 percent) above the November 2014 estimate of $1,016.1 billion.

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