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Construction spending in U.S. beats forecast

Posted on 04 January 2012

Russell PriceConstruction spending in the U.S. rose in November for a third time in four months, indicating the industry helped boost growth at the end of 2011.
Building outlays increased 1.2 percent, exceeding the median estimate of 46 economists in a Bloomberg survey that called for a 0.5 percent gain, Commerce Department figures showed today in Washington………………………………………..Full Article: Source


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