Economic Buzz: US construction spending up 0.6% in March
Spending on private construction reached $1.65 trillion, 0.8% higher than the revised February reading. Residential construction increased by 1.7% to $1.64 trillion in March, while nonresidential construction declined 0.2% to $729 billion. Public construction was $526 billion, 0.2% higher than last month's figure.
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