The U.S. Census Bureau said construction spending during Oct. 2016 was estimated at a seasonally adjusted annual rate of $1,172.6 billion, 0.5% above the revised September estimate of $1,166.5 billion. The October figure is 3.4% above the Oct. 2015 estimate of $1,134.4 billion. During the first 10 months of this year, construction spending amounted to $972.2 billion, 4.5% above the $930.7 billion for the same period in 2015. Private construction. Spending on private construction was at a ...
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