ABA-Construction Spending Increases in July.

ENPNewswire-September 3, 2021--ABA-Construction Spending Increases in July

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Release date- 02092021 - Construction spending rose 0.3% at a seasonally adjusted annual rate (SAAR) of $1,568.8 billion in July, according to the Census Bureau.

July's figure is 9.0% above the July 2020 estimate of $1,439.6 billion.

Spending on private construction was at a seasonally adjusted annual rate of $1,231.0 billion, 0.3% above the revised June estimate of $1,227.8 billion. Private residential construction was at a seasonally adjusted annual rate of $773.0 billion in July, 0.5% above the revised June estimate of $768.9 billion. Private nonresidential construction was at a...

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