LONGVIEW – Construction spending in June 2013 was $883.9 billion at a seasonally adjusted annual rate, down 0.6 percent from the revised May 2013 estimate but up 3.3 percent from June 2012.
Construction Spending is a monthly report derived from data released by the Census Bureau, measuring dollar value of new construction activity, including residential projects (e.g., homes and apartment buildings), nonresidential projects (e.g., privately funded office buildings), and public projects (e.g., schools and highways funded by the local, state, or federal government). Decision-makers rely upon economic indicators every day to put business and investment decisions into a global context.
Chris Bryant, MBA, RFC® is the founder & CEO of Bryant Wealth Management, Inc. He wrote the book, Personal Financial Planning, speaks to a wide-range of audiences, and provides financial planning services for individuals and small businesses. Connect with Chris@BryantWealthManagement.com.
Chris Bryant is an American financial advisor.