The U.S. Department of Commerce said construction spending during Aug. 2015 was estimated at a seasonally adjusted annual rate of $1,086.2 billion, 0.7% above the revised July estimate of $1,079.1 billion, 13.7% above the August 2014 estimate of $955.0 billion. During the first eight months of this year, construction spending amounted to $683.4 billion, 9.8% above the $622.4 billion for the same period in 2014. Private construction. Spending on private construction was at a seasonally ...
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