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01 May

Non-residential US construction spending increases in March

Non-residential construction spending in the US increased both on a month-on-month and year-on-year basis in March, Kallanish learns from the latest data published by the Census Bureau. US construction spending in March was up 0.2% m-o-m from an upwardly revised February reading and was 13.7% higher compared with the same period a year earlier. Monthly non-residential spending totaled $1.19 trillion on a seasonally adjusted annualised basis in March. Spending lev…
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