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US Economic News
11/2/2009 10:05 AM ET
(RTTNews) -
The U.S. Commerce Department revealed that construction spending rose 0.8 percent in September. This followed a 0.1 percent decline in August and a 1.2 percent slide in July.
Private construction was up 0.5 percent, following up on a 0.4 percent rise in the previous month. Residential construction, a key measure for the home building industry, showed a 3.9 percent advance for September. This followed a 3.4 percent rise in August.
Government construction was up 1.3 percent, bouncing back from a 1.1 percent drop in the previous month.
by RTT Staff Writer
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