The measure was boosted by the second straight monthly rise in private construction spending. Single-family homes posted their biggest gain in six months Still, it’s way too soon to declare an end to the private building slump….
The measure was boosted by the second straight monthly rise in private construction spending. Single-family homes posted their biggest gain in six months Still, it’s way too soon to declare an end to the private building slump….
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 …