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03 Feb
17:36

US construction spending mixed in December

US construction spending was mixed in December with declining levels on-year in all private categories along with mixed performance for the public sector and strong gains for residential construction, Kallanish reports. According to an analysis of federal construction data by the Associated General Contractors (AGC) of America, US construction spending in December totalled $1.49 trillion on a seasonally adjusted annual rate. This is a 1% monthly increase in cons…
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