Total construction spending decreased by 0.4 percent in July as spending on new houses and apartments tumbled, overshadowing a pickup in private nonresidential and public construction, according to an analysis the Associated General Contractors of America released today of federal spending data. Association officials said their newly released survey, conducted with Autodesk,...
Construction Spending Slips In July As Sharp Downturn In Homebuilding Outweighs Advances In Private Nonresidential And Public Projects
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