Private Construction Shows Mixed Results

 

Residential construction was at a seasonally adjusted annual rate of $245.6 billion in July, 2.3 percent above the revised June estimate of $240.1 billion. Courtesy of LA Infrastructure and Sustainable Jobs Collaborative

Spending on private construction was at a seasonally adjusted annual rate of $630.4 billion, 0.1 percent above the revised June estimate of $629.6 billion. The sector that seems to be the most vibrant and promising for landscapers is the residential market.

Courtesy of Economics & Statistics Administration