Industry News

Home construction spending falls for 20th straight month

Total construction spending rate drops to $1.16 billion in October
Published on Dec 3, 2007

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by CareyBot

The rate of U.S. residential construction spending hit its lowest level in four years and fell for the 20th consecutive month in October, the U.S. Census Bureau reported. The seasonally adjusted annual rate of spending for private residential construction projects ...

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