Fri, 03 Jan 2014 10:13:09 GMT
U.S. construction spending advances in November
Private construction spending in the world's largest economy advanced notably in November offsetting a decline in public construction with both indicators matching economists' forecast, the Commerce Department showed in a report yesterday. The U.S. construction spending gained 1% totaling $934.4 billion in the month of November from October's $925.1 billion.