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01 Mar
16:02

Non-residential US construction spending slips m-o-m in January

Non-residential construction spending in the US decreased month-on-month but increased year-on-year in January, Kallanish learns from the latest data published by the Census Bureau. US construction spending in January was down 0.2% versus an upwardly revised December reading, but jumped 11.7% compared with the same period a year earlier. Monthly non-residential spending totaled $1.19 trillion on a seasonally adjusted annualised basis in January. In a breakdown by…
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