New Residential Construction Spending Continues to Improve

03/26/2012 by Bernard M. Markstein, RCD US Chief Economist New residential construction spending advanced 2.0% in January, its third consecutive monthly increase, after rising 1.6% in December. Single-family construction spending increased a healthy 2.5% in January, its eighth consecutive monthly increase, after a 2.2% increase in December. However, multifamily construction spending fell for the second […]

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