Construction spending falls less than expected, outlook still bleak
Strong nonresidential construction helped offset the steep decline in housing construction in November, according to a Commerce Department report. Construction spending fell 0.6% in November, less than half the 1.3% predicted by economists. However, they continue to predict significant weakness in the market.
CNNMoney.com | 01/05
This story published in AGC SmartBrief on 01/06/2009
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