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02 Jun
21:35

US non-residential construction spending tumbles in April

Non-residential construction spending fell slightly in the US during April, continuing the previous month's downward trend, 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 fell by 0.4% in the US to $844.4 billion during April on a seasonally adjusted annualised basis. In a breakdown by sector, monthly spending levels rose …
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