Commerce Dept. Data Shows Value of New Construction Finishes 2012 Up 7.8% YTY

摘要

The Department of Commerce recently announced that construction spending during Dec. 2012 was estimated at a seasonally adjusted annual rate of $885.0 billion, 0.9% above the revised November estimate of $876.9 billion. The December figure is 7.8% above the Dec. 2011 estimate of $820.6 billion. The value of construction in 2012 was $850.2 billion, 9.2% above the $778.2 billion spent in 2011.