Construction spending up 0.2% in March

05/4/2010 | Builder Online

The construction sector saw a slight increase in spending in March, buoyed by a 2.3% month-over-month increase in public construction. However, private-sector spending remains in the doldrums, with outlays at their lowest level since January 1999. Total construction-sector spending for March remained more than 12% lower than during the same month the year before.

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