September’s unexpected 0.5% increase in construction spending was tempered somewhat by the fact that August’s tally was revised downward, dropping considerably from the initially estimated 0.4% spending gain to a 0.2% decrease.
A Bloomberg survey had expected construction spending to fall 0.5% in September. Construction spending fell 2.6% in July, and was essentially unchanged in June. On a…
Continue reading Construction Spending Edges Up on Public Projects
Construction Spending Edges Up on Public Projects originally appeared on DailyFinance on Mon, 01 Nov 2010 12:55:00.
Filed Under: Economy, Real Estate