03 December 2012

• U.S. Construction At $872.1 Billion Annual Rate – October 2012


Construction spending during October 2012 was estimated at a seasonally adjusted annual rate of $872.1 billion, 1.4 percent (±2.0%) above the revised September estimate of $860.4 billion. The October figure is 9.6 percent (±2.3%) above the October 2011 estimate of $795.7 billion.

During the first 10 months of this year, construction spending amounted to $707.4 billion, 9.3 percent (±1.3%) above the $646.9 billion for the same period in 2011.”

Source: USDOC-Census


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