Value of New Construction Up 5.8% YOY to $939.9 Billion for First 10 Months of 2014

摘要

The Department of Commerce said construction spending during Oct. 2014 was estimated at a seasonally adjusted annual rate of $971 billion, 1.1% above the revised September estimate of $960.3 billion. The October figure is 3.3% above the Oct. 2013 estimate of $939.9 billion. During the first 10 months of this year, construction spending amounted to $800.6 billion, 5.8% above the $756.5 billion for the same period in 2013.