Industry News

Residential construction spending falls 13% in January

More money pumped into highways, schools, Census Bureau reports
Published on Mar 1, 2007

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by CareyBot

Construction spending for residential projects reached an adjusted annual rate of $575.4 billion in January, down 13 percent compared to January 2006 and down 1.8 percent from December, the U.S. Census Bureau reported today. For all types of construction, spending ...