U.S. Construction Spending Hits $1.57 Trillion in September


Total construction spending in the United States was estimated at a seasonally adjusted annual rate of $1.57 trillion in September, according to the U.S. Census Bureau. That’s up 7.8% from $1.46 trillion a year ago.

Total U.S. Construction Spending

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Shaded areas indicate U.S. recessions.
Sources: U.S. Census Bureau and Federal Reserve Bank of St. Louis