Investment in building construction rose 2.7% to $19.4 billion in October. The residential sector grew 3.9% to $13.4 billion, while investment in the non-residential sector was essentially flat, remaining at $6.0 billion.
On a constant dollar basis (2012=100), investment in building construction increased by 2.4% to $11.0 billion.
Chart 1
Investment in building construction, seasonally adjusted
Strong gains in the residential sector
Investment in residential building construction increased 3.9% month...
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