Construction Supply Magazine: Construccion, Arquitectura, Materiales de Construccion
Construction Supply Magazine: Construccion, Arquitectura, Materiales de Construccion
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News — Construction spending ticks up

Construction spending ticks up, led by housing

Construction spending ticks up housing

Construction spending ticks up, led by housing

Construction spending ticks up, led by housing The numbers: Construction spending rose 0.8% to a seasonally adjusted annual rate of $1.3 trillion in November from a revised $1.29 trillion in October, helped by housing, the Commerce Department said Friday. What happened: Economists surveyed by Econoday had forecast a 0.2% increase, but October figures were revised down. Outlays in November were 3.4% higher than a year ago, and for the first 11 months of 2018, were 4.5% higher than the same period in the prior year. Big picture: Residential construction spending was up 3.4% during the month, and was 0.6% higher...

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