TeleTrade - Analytics

    TeleTrade

    729.00 6.50/10
    57% of positive reviews
    Real

    01.02.2016 15:31 Construction spending in the U.S. is up 0.1% in December

    The U.S. Commerce Department released construction spending data on Monday. Construction spending in the U.S. rose 0.1% in December, missing expectations for a 0.6% gain, after a 0.6% decrease in November. November's figure was revised down from a 0.4% fall.

     

    The increase was mainly driven by a rise in public spending, which climbed 1.9% in December.

     

    Private construction was down 0.6% in December.

     

    Spending on private residential construction climbed 0.9% in December, while spending on private non-residential construction projects slid 2.1%.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree