In October, the total value of investment in building construction edged down 0.5% to $22.3 billion. The residential sector declined 0.8%, while the non-residential sector increased slightly by 0.2%. Year over year, investment in building construction grew 5.7% in October.
On a constant dollar basis (2023=100), the total value of investment in building construction in October edged down 0.6% from the previous month to $20.6 billion and was up 2.3% year over year.
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