Business
Construction spending up in August
By Christopher Quinn
Oct 3, 2011The Department of Commerce said Monday that estimated construction spending in August rose.
The seasonally adjusted estimate for the year was $799.1 billion, 1.4 percent above the July estimate of $788.3 billion.
Though trending up, spending for construction during the first eight months of this year was $511.4 billion, which is below the $527.3 billion for the same period in 2010.
Christopher Quinn
About the Author
Christopher Quinn is a writer and editor who has worked for The Atlanta Journal-Constitution since 1999. He writes stories on Veterans Affairs, business including high-tech growth in metro Atlanta, Georgia's $72 billion farm economy, and he oversees assigning and editing news obituaries.
