August Construction Activity Up Slightly But Still Down 10 Percent YTY

Construction spending during August 2010 was estimated at a seasonally adjusted annual rate of $811.8 billion, 0.4 percent above the revised July estimate of $808.6 billion, according to the U.S. Census Bureau. The August figure is 10 percent below the August 2009 estimate of $901.8 billion.

During the first eight months of this year, construction spending amounted to $539.4 billion, 11.2 percent below the$607.5 billion for the same period in 2009.

Private construction. Spendi

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