The U.S. Census Bureau of the Department of Commerce said construction spending during July 2011 was estimated at a seasonally adjusted annual rate of $789.5 billion, 1.3 percent below the revised June estimate of $799.8 billion. The July figure is 0.1 percent above the July 2010 estimate of $789 billion. During the first seven months of this year, construction spending amounted to $435.5 billion, 3.5 percent below the $451.2 billion for the same period in 2010.
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.