What is it?
Total construction spending (COSP) is the monthly estimates of the total dollar value of construction work done in the U.S. The survey covers construction work done each month on new structures or improvements to existing structures for private and public sectors. Data estimates include the cost of labor and materials, cost of architectural and engineering work, overhead costs, interest and taxes paid during construction, and contractor’s profits.
Who is interested?
Economists, Analysts, Industry Professionals, Contractors
What does it tell me?
It tells you total construction spending estimates of the total dollar value for construction work done in the U.S. for private and public sectors.