Private Residential Construction Spending at Post-Recession High

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NAHB analysis of Census Construction Spending data shows that total private residential construction spending grew 1.2% in March to a seasonally adjusted annual rate (SAAR) of $503.4 billion. This is 7.5% higher than a year ago and represents a new post-recession high. The monthly gains are largely attributed to the strong growth of private construction spending on both multifamily and… Read More ›

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