Construction spending during October 2019 was estimated at a seasonally adjusted annual rate of $1,291.1 billion, 0.8 percent below the revised September estimate of $1,301.8 billion.
The October figure is 1.1 percent above the October 2018 estimate of $1,277.4 billion.
During the first ten months of this year, construction spending amounted to $1,086.5 billion, 1.7 percent below the $1,105.2 billion for the same period in 2018.
Thanks to Calculated Risk for the hat-tip, visit the site for more analysis.
