During the first ten months of 2019, U.S. construction spending amounted to $1.087 trillion, which is 1.7% below last year’s rate of $1.105 trillion, the Census Bureau said. Despite this decline, the organization reports October’s construction spending was 1.1% above last year’s rate. Nevertheless, construction during October was estimated at a seasonally adjusted annual rate of $1.291 […more]
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