Construction industry grows, but spending to slow

New statistics offer a ray of hope for the construction business, with materials orders and shipments growing at double-digit annual rates and equipment shipments up 9% on last month's figures. Still, the sector isn't out of the woods: GDP growth is expected to slip by a percentage point as government officials begin to rein in public borrowing and spending.

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Reed/ACP Construction Data · Reed/ACP Construction Data · Reed/ACP Construction Data