The Housing Chronicles Blog: Construction spending drops 0.6 percent in June, mostly due to non-residential projects

Monday, August 1, 2016

Construction spending drops 0.6 percent in June, mostly due to non-residential projects

U.S. construction spending fell for a third straight month in June with spending on nonresidential construction dropping by the largest amount in six months.  Some analysts believe warmer-than-normal winter weather caused builders to move up the start of some projects, causing the second quarter to look weaker.

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