With a jump in spending on private construction more than offsetting a modest drop in spending on public construction, the Commerce Department released a report on Monday showing a continued increase in U.S. construction spending in the month of November.
The report said construction spending climbed by 0.9 percent to an annual rate of $1.459 trillion in November after surging up by 1.6 percent to a revised rate of $1.447 trillion in October.
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