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04 Jan
21:27

US construction spending wavers in November

Construction spending in the US rose by just 0.2% in November as investment spending appears to waver for the industry, Kallanish learns from estimates by the US Census Bureau. Monthly US construction spending was estimated at a seasonally adjusted annual rate of $1.81 trillion in November, with spending levels remaining up by 10.5% on-year in the first 11 months of the year. In a breakdown of the sector, spending on private construction rose by 0.…
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