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03 Nov
21:42

US construction spending gains continue in September

US construction spending in September was estimated at a seasonally adjusted annual rate of $1.414 trillion, according to data released by the US Department of Commerce. This is 0.3% above August's revised estimate rate of $1.41 trillion, Kallanish notes. On-year, construction spending in September is up 1.5% above September 2019's annual estimate rate of $1.393 trillion. In the first nine months of the year, construction spending totalled $1.059 trillion,…
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