Boston Real Estate Investors Association

Construction spending in the U.S. experiences a slight decrease once more in July

U.S. Construction Spending in July 2024

census bureau logoThe U.S. government is reporting that total construction spending in July, 2024 was at a seasonally adjusted annual rate of $2,162.7 billion, which is 0.3% lower than June’s revised number. However, July’s revised estimate is 6.7% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of $941.6 billion in July, which is 0.4% lower than June’s revised estimate.

Overview of July’s Construction Spending

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

 

 

The post U.S. Construction Spending Down Slightly Again in July appeared first on Real Estate Investing Today.

Source Article

Scroll to Top
Skip to content