By Iain Gilbert
Date: Friday 01 Aug 2025
(Sharecast News) - US construction spending edged lower in June, according to the Census Bureau, with declines in private construction offsetting a modest increase in public project spending.
Total construction fell 0.4% month-on-month to a seasonally adjusted annual rate of $2.136trn, down 3.5% year-on-year. Year-to-date spending reached $841.5bn, down 2.9% from...
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