Residential Construction in Chicagoland Flat in 2014

by Peter Thomas Ricci

Construction is the residential sphere is keeping pace in Chicagoland in 2014

According to the latest numbers from the Census Bureau, residential construction spending in August was at a seasonally adjusted annual rate of $351.7 billion, down 0.1 percent from July but up 3.3 percent from August 2013.

What does the situation look like here in Chicagoland, though? Using fresh analysis from McGraw Hill Construction, we put together the following graphs to explain:

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