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Market Update : 
Construction Spending Rises 0.2%
Author: Ivaylo Dagnev
123jump.com
Last Update: 7:12 AM EST January 04 2006



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Spending on private nonresidential projects increased 0.6%. Private residential spending remained unchanged, the weakest since June. Spending by the public sector rose 0.3%. The 0.2% rise in total construction spending was weaker than the 1% gain anticipated by analysts. Spending in October was revised higher to a 0.8% rise from 0.7% previously.

 

 

 

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