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04 Dec
20:39

US construction spending rises for 17th straight month

Non-residential construction spending in the US has increased again for the 17th month in a row, Kallanish learns from the latest data published by the Census Bureau. Monthly spending totalling $1.1 trillion on a seasonally adjusted annualised basis in October. In a breakdown by project category, spending levels increased in eight of the 16 analysed non-residential construction sub-sectors. The domestic construction market is the largest consumer market …
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