The Department of Commerce reported that construction spending during June 2014 was estimated at a seasonally adjusted annual rate of $950.2 billion, 1.8% below the revised May estimate of $967.8 billion. The June figure is 5.5% above the June 2013 estimate of $900.3 billion. During the first six months of this year, construction spending amounted to $445.1 billion, 7.8% above the $413.0 billion for the same period in 2013. Private construction. Spending on private construction was at a ...

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