Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Construction Spending Rose In August

WASHINGTON, Oct. 3 (UPI) — Construction spending for August was 1.4 percent above July’s revised estimate of $788.3 billion, the U.S. Census Bureau reported Monday.

Spending on private and public projects for the latest month reached $799.1 billion, the monthly construction spending report said.

Spending for August also came in ahead of August 2010, when spending came to $791.7 billion.

Spending on private construction was at a seasonally adjusted annual rate of $511 billion, 0.4 percent above the revised July estimate of $508.9 billion, the Census Bureau said.

The report said residential construction was at a seasonally adjusted annual rate of $237.8 billion in August, 0.7 percent above the revised July estimate of $236.2 billion. Non-residential construction was at a seasonally adjusted annual rate of $273.1 billion in August, 0.2 percent above the revised July estimate of $272.6 billion.

The estimated seasonally adjusted annual rate of public construction spending in August was $288.2 billion, 3.1 percent higher than the revised July estimate of $279.4 billion, the Census Bureau said.

Educational construction was at a seasonally adjusted annual rate of $72.7 billion, 4.3 percent above the revised July estimate of $69.8 billion, the bureau said. Highway construction was at a seasonally adjusted annual rate of $80.2 billion, 3.5 percent above the revised July estimate of $77.4 billion.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Construction Spending Rose In August”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.