The U.S. Census Bureau announced the “put in place” construction spending during November 2023 was estimated at a seasonally adjusted annual rate of $2,050.1 billion, 0.4 percent above the upward revised October estimate of $2,042.5 billion. The November figure is a noticeable strong 11.3 percent above the November 2022 estimate of $1,842.2 billion. During the first eleven months of this year, construction spending amounted to $1,817.1 billion, a steady 6.2 percent above the $1,711.1 billion for the same period in 2022.   READ MORE