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03 Dec
21:15

US construction spending falls in October, infrastructure dips

US construction spending dipped in October, the Associated General Contractors of America tells Kallanish in a note. Construction spending totalled $1.309 trillion and slipped by just -0.1% from September to October, although year-to-date spending is still up 4.9%. year-on-year. Private residential construction fell -0.5% for the month but increased 1.8% y-o-y. Private non-residential spending slipped by -0.3% from September to October but increased 6.4% over…
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