Construction Spending Rises 0.6 Percent in July

By Anonymous -
Total construction spending increased to $900.8 billion in July, which was 0.6 percent higher than the revised June estimate of $895.7 billion, according to the U.S. Census Bureau. 

The July figure is 5.2 percent higher than the July 2012 estimate of $856.3 billion. 
In July, private construction projects increased 0.9 percent, reflecting a 0.6 percent increase in residential construction and 1.3 percent increase in nonresidential construction. 
Public construction projects in July decreased 0.3 percent. 

During the first seven months of this year, construction spending was 5.6 percent higher than it was during the same period in 2012. 



(From NRCA)


Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
1211 N Franklin St
Tampa, FL 33602

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