Construction Spending Dips Slightly in December

Construction Spending Dips Slightly in December

The U.S. government is reporting that total construction spending in December was at a seasonally adjusted annual rate of $ 1,3277.7 billion, which was 0.2% lower than November’s revised estimate. However, December’s figure is 5% higher than December, 2018.  Residential construction was at a seasonally adjusted annual rate of $ 540.7 billion in December, up 1.4% from November’s revised rate.

Click here to read the full report at the U.S. Census Bureau.

The post Construction Spending Dips Slightly in December appeared first on Real Estate Investing Today.