April spending on new home construction rise by its highest amount in 24 years (+4.5%), and overall construction spending rose to a record level of $1.31 trillion. This new spending level was up 7.6% year-on-year and 1.8% from the previous month.
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Friday, June 1, 2018
April construction spending up 7.6 percent year-on-year, supported largely by new homes
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