Comment on US construction spending up 0.7 percent in December

US construction spending up 0.7 percent in December

WASHINGTON (AP) — U.S. builders pushed construction spending up 0.7 percent in December to a record high. It was the fifth consecutive monthly gain with all major sectors showing modest increases. The December increase followed a 0.6 percent rise in November, the Commerce Department reported Thursday. It closed out a year in which construction spending rose 3.8 percent.

 

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