Total construction spending declined by 0.7 percent in August as spending on new houses turned sharply lower, while public and private nonresidential construction posted mixed results, according to an analysis the Associated General Contractors of America released today of federal spending data. Association officials said that rising interest rates were hurting...
Construction Spending Slips In August With Steep Slide In Homebuilding, Mixed Results For Public And Private Nonresidential Categories
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