June Gains for Residential Construction Spending

NAHB analysis of Census Construction Spending data shows that total private residential construction spending for June increased to a seasonally adjusted annual rate of $378 billion. On a month-over-month basis, private multifamily spending increased to $52 billion, up by 2.82 percent over the revised May estimate, while private single-family spending was $211 billion, a slight […] …read more

From:: Finance and Economy