Building companies increased their spending on the construction of new homes and offices during August, following a huge drop in spending the month before, said the Commerce Department earlier this week. According to a report in the Washington Post, spending on construction in the last month rose by 1.4%, and saw modest increases in spending
Spending on Construction Up 1.4% Last Month
October 5, 2011 by Mike Wheatley
Filed Under: Home Builders/Developer's, Real Estate, US Real Estate Tagged With: building companies, commerce department, construction activity, construction of new homes, construction spending, housing prices, new home construction, new homes, peak home buying season, Single family homes, spending on construction
