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02 Feb
16:49

Non-residential construction spending falters in the US

Non-residential construction spending declined in the US during December following months of steadily rising spending growth for the industry, 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 0.7% to $820.7 billion during December, on a seasonally adjusted annualised basis. In a breakdown by sector, monthly spending fell in 11 of …
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