Home > News > Industry News > Construction spending in U.S. fell 0.6 percent in November

Construction spending in U.S. fell 0.6 percent in November

Post Time:Jan 05,2010Classify:Industry NewsView:112

Construction spending in the U.S. fell for the seventh straight month in November [2009]to the lowest level in more than six years, led by declines in home building and fewer commercial projects.

The 0.6 percent drop followed a revised 0.5 percent decrease in October, previously reported as unchanged, Commerce Department figures showed today [Jan. 4] in Washington. Construction spending was down 13 percent in November from the same month a year earlier, according to a Jan. 4 Bloomberg report.

Read full article

Share this article:

Source: http://www.glassmagazine.com/news-item/commercial/construction-spending-us-fell-06-percent-novemberAuthor:

Hot News

返回顶部