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Census Bureau reports construction put-in-place sets 7th straight record in August

Another report says manufacturing is also on the rise The Census Bureau recently reported that the value of construction-put-in-place in August rose to $1.015 trillion at a seasonally adjusted annual rate, which is up 0.8% from the revised July estimate of $1.007 trillion. In the first eight months of 2004, total construction jumped 9% ahead of the same period in 2003. Private nonresidential construction grew 3.6%, and some of its components also saw increases, including health-care and lodging (+10%), office (+9%), and commercial at (+5%). However, some components decreased, including educational (-5%), power (-4%), and manufacturing (-2%). Public ...

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