Construction spending during December 2011 was estimated at a seasonally adjusted annual rate of $816.4 billion, 1.5% (±1.4%) above the revised November estimate of $804 billion, according to the Department of Commerce. The December figure is 4.3% (±1.9%) above the December 2010 estimate of $782.9 billion. The value of construction in 2011 was $787.4 billion, [...]





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