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04 Apr
20:44

Non-residential construction spending driven by manufacturing activity

Non-residential construction spending rose slightly in February by 0.4%, which was largely due to an increase in manufacturing-related construction projects during the month. Kallanish notes that the Associated Builders and Contractors' (ABC) latest analysis of Census Bureau data indicates that non-residential construction spending in the US has risen in eight of the past nine months. However, this stability may soon be impacted by diminished investme…
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