­­­Construction Put-in-Place

Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that August total construction expenditures grew by 3.9% year on year (y/y), to $1213.6 billion (B). Private expenditures advanced 6.8% y/y, while, State & Local contracted by 3.9% y/y. Non-residential CPIP increased by 4.5% y/y to $569.8B. The private sector led the way with strong [...]