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Construction spending in the U.S. actually fell in September

Construction spending during September 2006 was estimated at a seasonally adjusted annual rate of $1,195.9 billion, 0.3 percent (±1.6%) below the revised August estimate of $1,200.0 billion, the U.S. Census Bureau of the Department of Commerce said. The September figure is 2.9 percent (±2.6%) above the September 2005 estimate of $1,162.1 billion. During the first 9 months of this year, construction spending amounted to $903.2 billion, 6.6 percent (±1.8%) above the $847.1 billion for the same period in 2005.

October 2006 data will be released on December 1, 2006 at 10:00 A.M. EST.



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