Construction spending during December 2018 was estimated at a seasonally adjusted annual rate of $1,292.7 billion, -0.6% below the revised November estimate of $1,300.6 billion. The December figure is +1.6% percent above the Dec. 2017 estimate of $1,272.6 billion. The value of construction in 2018 was $1,297.7 billion, +4.1% above the $1,246 billion spent in 2017.
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