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01 Feb
21:12

Monthly construction spending levels fall in US

Construction spending in the US fell at the end of last year as demand weakens due to seasonal constraints, Kallanish learns from the latest estimates by the US Census Bureau. According to the bureau's data, monthly investment spending for construction projects in the US fell by 0.4% in December to a seasonally adjusted annual rate of $1.81 trillion. In an on-year comparison, construction investment spending in the US remains up by 10.2% above the $1.6 trillio…
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