Total Construction Spending, Residential : 911429 (As of 2024-08-01)

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Basic Info

Total Construction Spending on Residential projects, reported by the U.S. Census Bureau (USCB), measures the total expenditures on construction projects related to residential facilities undertaken by both the private and public sectors in the United States. This metric includes spending on new construction, renovations, and improvements of residential buildings such as single-family homes, multi-family units, and apartments. Monthly, seasonally adjusted annually .

Total Construction Spending, Residential was 911429 as of 2024-08-01, according to United States Census Bureau. Historically, Total Construction Spending, Residential reached a record high of 979044 and a record low of 237725, the median value is 502308. Typical value range is from 460354 to 838132. The Year-Over-Year growth is 2.68%. GuruFocus provides the current actual value, an historical data chart and related indicators for Total Construction Spending, Residential - last updated on 2024-08-01.

Category Production & Business Activity
Region USA
Source United States Census Bureau

Stats

Name Value
Last Value 911429
Latest Period 2024-08-01
Long Term Average 649,242.97
Average Annualized Growth Rate +3.91%
Value from 1 year ago 887564
Change from 1 year ago +2.69%
Frequency Daily
Unit Millions
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