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02 Feb
16:11

Non-residential US construction spending strengthens in December

Non-residential construction spending in the US increased month-on-month and year-on-year in December, Kallanish learns from the latest data published by the Census Bureau. US construction spending in December was up 13.9% from the same period a year earlier, and up 0.9% versus November. Monthly spending totalled $1.17 trillion on a seasonally adjusted annualised basis in December. In a breakdown by project category, spending levels increased in eight of the 16 a…
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