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US construction spending down 0.1 percent in October

from The Associated Press via The Seattle Times

Spending on U.S. construction projects fell 0.1 percent in October, the third consecutive monthly decline, as weakness in home building and non-residential construction offset a rebound in government projects. The October decline matched a similar 0.1 percent drop in September and followed a 0.4 percent fall in August, the Commerce Department reported recently. more


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