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06 Jul
21:09

Non-residential construction reverses course in the US

US non-residential construction spending fell slightly in May after nearly a year of consistent growth, Kallanish gathers from the most recent analysis of US Census Bureau data by Associated Builders and Contractors (ABC). Spending levels for non-residential construction projects in the US fell by 0.2% during the month, totaling $1.06 trillion, on a seasonally-adjusted annualized basis. Investment weakened in nine of 16 non-residential construction sub-s…
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