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06 Jul
21:49

US monthly non-residential construction spending falls slightly

Non-residential construction spending fell slightly in the US during the month of May following months of steadily rising spending for the industry, Kallanish learns from an analysis of Census Bureau data by the Associated Builders and Contractors (ABC). Monthly non-residential construction spending fell by 0.6% in the US during May to a total of $832.5 billion, on a seasonally adjusted annualised basis. In a breakdown by sector, spending levels fell in …
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