13
Mar
19:55
US construction spending moves up in January
US construction spending appears to have ticked up from December to January, despite a decrease in single-family construction, Kallanish learns from the Associated General Contractors.
Spending increased 1.3% in January to $1.28 trillion – up 0.3% from January 2018.
Though single-family homebuilding inched down by -0.3% on month and -5.6% on year, it was more than offset by the increases realised by both private non-residential spending and public spend…
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