Estimated reading time: 0 minutes, 19 seconds

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.

Read the full article from Reuters

Read 1448 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline