December construction spending was up 0.7% from November and 2.6% year-on-year. This was the fifth monthly gain in a row and a record high annual rate of $1.25 trillion. For all of 2017, construction spending grew 3.8% to $1.23 trillion, with residential spending up 10.4%.
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Thursday, February 1, 2018
December construction spending up fifth straight month to record high
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