US construction of houses of worship has declined sharply in last 20 years

(Worthy News) – Although US spending on construction has increased steadily to a near-record annualized rate of $1.55 trillion this year, the construction of houses of worship such as churches, mosques, synagogues, and temples has decreased sharply over the last 20 years, Axios reports.

Spending on constructing houses of worship reached a record low annualized rate of $3 billion in June 2021: this figure is 66% less than the $8.8 billion record high of August 2003, Axios reports.

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