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US Nov construction spending +0.9% vs +1.0% expected

January 04, 2021 at 03:01PM

US Nov construction spending +0.9% vs +1.0% expected
US November construction spending data
This is a noisy data point but the upward revision means that the trend is still strong. I don’t expect any slowdown so long as rates remain low. About 60% of US construction is residential.

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