Home Improvement Spending Higher than Residential Construction in July
admin2011-09-02T00:38:25-07:00September 2, 2011 (Shirley Allen) Private residential construction spending declined 1.4 percent to a seasonally adjusted annual rate of $248.1 billion in July from a revised estimate of $251.7 billion in June according to the U.S. Census Bureau as the total amount spent on home improvements exceeded the amount builder’s spent on new private residential [...]