Construction spending in September 2012 was $851.6 billion at a seasonally adjusted annual rate, up 0.6 percent from the revised August 2012 estimate and up 7.8 percent from September 2011.
Construction Spending is a monthly report released by the Economics & Statistics Administration, U.S. Department of Commerce, from data gathered by the United States Census Bureau. It measures dollar value of new construction activity including residential projects (such as homes and apartment buildings), nonresidential projects (such as privately funded office buildings), and public projects (such as schools and highways funded by the local, state, or federal government).
Chris Bryant, MBA, RFC® is founder & CEO of Bryant Wealth Management, Inc., an independent, fee-only, registered investment adviser. Since 1999, Chris has devoted himself to the practice of financial planning services – helping individual investors seeking to make money, save money, protect money, have convenience and peace of mind. Connect with Chris@BryantWealthManagement.com.
Chris Bryant is an American financial advisor.