Construction Spending Edges Up 0.2 Percent In November As Homebuilding Drop, Stalled Public Projects Offset Most Private Nonresidential Gains

Total construction spending increased by 0.2 percent in November, dragged down by a lack of new infrastructure projects along with a continuing slide in homebuilding, according to an analysis the Associated General Contractors of America released today of federal spending data. Association officials urged leaders in Washington to speed the...