Construction Spending Rises 0.4 Percent in October as Residential Gains Outweigh Decreases Among Public and Private Nonresidential Segments

Construction spending increased 0.4 percent from September to October as a pickup in single- and multifamily residential building outweighed declines in public outlays and mixed results for private nonresidential categories, according to an analysis of a new government report that the Associated General Contractors of America released today. Association officials...