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01 Apr
19:21

Construction spending, employment rises in February

US construction spending rose from January to February, Kallanish learns from the Associated General Contractors. Total spending increased by 1% on month to $1.32 trillion, coinciding with an increase in construction employment in 275 of 358 polled metro areas. "The spending increase in February follows an extremely strong 2.5 percent gain in January, which aligns with contractors' reports that they were busy early in the year and expect to stay that…
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