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Home Economy

Construction spending up 0.3% in March

author by author
May 31, 2023
in Economy
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Outlays for construction projects rose 0.3% in March at a seasonally adjusted annual rate of $1.83 trillion, the Commerce Department reported Monday. 

Economists polled by The Wall Street Journal had expected a flat reading.

Over the past year, construction spending has been an engine of growth for the economy, rising 3.8%.

Spending…

Tags: article_normalconstructionestaterealspending
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