top of page
  • Metro East REIA

Construction Spending Up 1.4% in August

The U.S. government is reporting that total construction spending in August was at a seasonally adjusted annual rate of $1,412.8 billion, which is 1.4% above than July’s revised estimate.  In addition, August’s figure was 2.5% higher than August, 2019.  Residential construction was at a seasonally adjusted annual rate of $589.4 billion in August, which is 3.7% higher than July’s revised estimate. Continue reading HERE...

0 views0 comments

Recent Posts

See All

The National Association of Realtors is reporting that existing home sales were up 14.5% in February to a seasonally-adjusted annual rate of 4.58 million (down 22.6% year over year). Total housing in

bottom of page