The U.S. Department of Commerce reported that construction spending during Nov. 2016 was estimated at a seasonally adjusted annual rate of $1,182.1 billion, 0.9% above the revised October estimate of $1,171.4 billion. The November figure is 4.1% above the Nov. 2015 estimate of $1,135.5 billion. During the first 11 months of this year, construction spending amounted to $1,070.9 billion, 4.4% above the $1,025.5 billion for the same period in 2015. Private construction. Spending on private ...

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