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02 Aug
20:38

Non-residential construction spending advances slightly in US

Spending for non-residential construction projects increased marginally in the US in June. However, Associated Builders and Contractors' (ABC) most recent analysis of Census Bureau data indicates that industry's latest gains were unable to offset a larger decline in investment over the previous month. Kallanish reports that non-residential construction spending rose by 0.1% to $1.07 trillion, on a seasonally-adjusted annualised basis, in June after fa…
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