The total value of investment in building construction increased $442.9 million (+1.9%) to $23.7 billion in December. The residential sector grew 2.4%, while the non-residential sector edged up 0.6%. Year over year, investment in building construction grew 12.2% in December.
On a constant dollar basis (2023=100), the total value of investment in building construction in December rose 1.7% from the previous month to $21.8 billion and was up 8.4% year over year.
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