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04 Sep
19:08

US construction spending rises in July

US construction spending ticked up slightly from June to July, but year-on-year gains remain significant, Kallanish learns from the Associated General Contractors of America. Total construction spending rose 0.1% in July, or 5.2% from July 2017. "It is striking how balanced the growth in construction spending has been so far this year," says association chief economist Ken Simonson. "Spending totals for the first seven months of 2018 combined n…
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