Articles
- Parent Category: Economics
- Friday, 05 January 2018
- Published Date
- Written by TPB News
Construction spending rose to a “record high” in November thanks to public and private outlay gains. So reports Reuters.
Construction spending rose 0.8% to $1.257 trillion in November and was up 2.4% year over year. Spending on private residential projects reached its highest level since February of 2007. The gains are in line with a recent jump in homebuilding and economic growth.
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