U.S. Construction Spending Holds Firm in April

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The U.S. government is reporting that total construction spending in April was estimated at a seasonally adjusted annual rate of $1,298.5 billion, which was nearly the same as March’s revised rate.  Residential construction was at a seasonally adjusted annual rate of $499.3 billion in April, 0.6% below March’s revised estimate.

 

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

 

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Director of Education & Outreach, National Real Estate Investors Association

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