WASHINGTON (Reuters) – U.S. construction spending increased in August, lifted by outlays on single- and multi-family housing, though mortgage rates at nearly 23-year highs could slow momentum. The Commerce Department…
WASHINGTON(Reuters) – U.S. construction spending declined further in July as rising mortgage rates weighed on single-family homebuilding, offsetting a rebound in outlays on public projects. The Commerce Department said on…
WASHINGTON – U.S. construction spending surged in January, boosted by strong outlays on single-family homebuilding and private nonresidential structures. The Commerce Department said on Tuesday that construction spending increased 1.3%.…