Construction Spending increased slightly in September

From the Census Bureau reported that overall construction spending increased slightly in September: Construction spending during September 2018 was estimated at a seasonally adjusted annual rate of $1,329.5 billion, nearly the same as the revised August estimate of $1,328.8 billion. The September figure is 7.2 percent above the September 2017 estimate of $1,240.4 billion. Private spending increased and public spending decreased: Spending on private construction was at a seasonally adjusted annual rate of $1,020.4 billion, 0.3 percent above the revised August estimate of $1,016.9 billion. .........(read more)

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