LONGVIEW – Construction spending in April 2013 was $860.8 billion at a seasonally adjusted annual rate, up 0.4 percent from the revised March 2013 estimate and up 4.3 percent from April 2012.
Construction Spending is a monthly report derived from data released from the U.S. Census Bureau measuring the total dollar value of new construction activity in the United States. This includes 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). Estimates include the cost of labor and materials, architectural and engineering work, overhead, interest and taxes paid during construction, and contractor’s profits. Business leaders and investors rely upon economic indicators to make daily decisions. It’s important to put these decisions in a global context. For more information or advice, connect with me by email.
Chris Bryant, MBA, RFC® is founder & CEO of Bryant Wealth Management, Inc., a Washington-State Registered Investment Adviser. Bryant publishes information, conducts educational seminars/workshops, and provides financial planning services for individuals and/or small businesses. Chris is an award-winning speaker and the author of Personal Financial Planning. Since 1999, Bryant has devoted his professional practice to helping people make money, save money, protect money, have convenience, and peace of mind. Connect with Chris.
Chris Bryant is an American financial advisor.