Construction spending in July was estimated at a seasonally adjusted annual rate of $2,162.7 billion, 0.3% below the revised June estimate, but 6.7% above the July 2023 estimate, the U.S. Census Bureau reported.
Tag: Census
New Home Sales Dip From September
New single‐family home sales fell 5.6% in October to a seasonally adjusted annual rate of 679,000, the Census Bureau reported Monday.
Nearly Half of Rental Units in Properties with Four or Fewer Units
Nearly 46 percent of U.S. rental housing units are in properties with one to four units, the Rental Housing Finance Survey from HUD and the U.S. Census Bureau reported.
July Jobs Up Nearly 2 Million; Unemployment Rate Drops
The Bureau of Labor Statistics reported nonfarm payroll employment increased by 1.8 million during July, pushing the unemployment rate down to 10.2 percent.
HUD/Census: Nearly Half of Rental Units Are in Small Multifamily Properties
Nearly half of the nation’s 48.2 million rental housing units are in properties with less than five units, HUD and the U.S. Census Bureau reported. For these small rental properties, …