In one final punch in the gut for 2010 to construction economists and others who track construction statistics, the Department of Commerce said construction spending during Dec. 2010 was estimated at a seasonally adjusted annual rate of $787.9 billion, 2.5 percent below the revised November estimate of $807.8 billion. The December figure is 6.4 percent below the Dec. 2009 estimate of $841.8 billion. The value of construction in 2010 was $814.2 billion, 10.3 percent below the $907.8 billion
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