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November ’18 Construction Spending Steady Against Revised October Numbers

Fri, February 01, 2019 1:58 PM | CIRT News (Administrator)

Construction spending during November 2018 was estimated at a seasonally adjusted annual rate of $1,299.9 billion, 0.8 percent above the revised October estimate of $1,289.7 billion (which changed down by $19 billion). Release of these figures were delayed by a month due to the partial federal government shutdown. The November ‘18 number is 3.4 percent above the Nov. 2017 estimate of $1,257.3 billion. During the first eleven months of 2018, construction spending amounted to $1,200.7 billion, 4.5 percent above the $1,149.3 billion for the same period in 2017.   Read more HERE.


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