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05 Sep
20:36

Monthly non-residential construction spending increases in US

Non-residential construction spending in the US increased slightly during July, but signs of a slowdown in public spending have sparked concern amongst contractors. Kallanish notes that domestic construction is the largest market for US long steel consumption and helps reflect current demand for structural steel products, such as rebar. A recent analysis of Census Bureau data by the Associated Builders and Contractors (ABC) indicates that monthly non-res…
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