Home From the Wires Construction spending in U.S. at its highest

Construction spending in U.S. at its highest

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Thursday, January 02, 2014

Reuters: Construction spending in the United States is at its highest level in nearly five years.

Construction spending increased 1 percent to an annual rate of $934.4 billion, the highest level since March 2009, the Commerce Department said on Thursday. It was the eighth straight month that construction spending increased.

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