Construction Spending Up Slightly in July

Construction Spending Up Slightly in July

The U.S. government is reporting that total construction spending in July was at a seasonally adjusted annual rate of $ 1,364.6 billion, which is 0.1% above than June’s revised estimate.  However, July’s figure was 0.1% lower than July, 2019.  Residential construction was at a seasonally adjusted annual rate of $ 546.6 billion in July, which is 2.1% jigher than June’s revised estimate.

Click here to read the full report at Census.gov.

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