U.S. CENSUS BUREAU REPORTS CONSTRUCTION SPENDING IS UP The U.S. - TopicsExpress

U.S. CENSUS BUREAU REPORTS CONSTRUCTION SPENDING IS UP The U.S. Census Bureau is reporting that total construction spending during February was estimated at a seasonally adjusted annual rate of $945.7 billion, 0.1 percent (±1.3%)* above the revised January estimate of $944.6 billion. The February figure is 8.7 percent (±1.6%) above the February 2013 estimate of $869.9 billion. During the first 2 months of this year, construction spending amounted to $128.0 billion, 8.9 percent (±1.6%) above the $117.5 billion for the same period in 2013. Things are looking up for the industry! Source: census.gov

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