National Construction spending rose in November almost 6%!

(from the Business Journal-Catherine Carlock)builders site protection construction

National construction spending rose to $934 billion in November, an almost 6 percent increase from a year prior and a 1 percent increase from October, according to a recent report from the Associated General Contractors of America.

Total construction spending was bolstered by private sector demand, with the biggest spending jumps coming in new multifamily construction and the lodging sector, the report said.

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