US EditionPrivate residential construction spending dips slightly
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March Private Residential Construction Spending Dips
Private residential construction spending declined by 0.4% in March, largely driven by a decrease in home improvement spending. This decline followed five consecutive months of growth. Despite the monthly drop, spending remained 2.8% higher than a year ago, showing the resilience of the housing market. According to the latest U.S Census Construction Spending data, improvement...
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