04
Aug
21:35
US non-residential construction spending dips in June
Non-residential construction spending fell slightly in the US during June by 0.5%, with spending levels down in half of all non-residential sub-categories for construction, Kallanish learns from an analysis of Census Bureau data by the Associated Builders and Contractors (ABC).
According to the ABC, monthly US non-residential construction spending dipped to $829.4 billion during June, on a seasonally adjusted annualised basis. In a breakdown by sector, m…
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