Construction Spending Dips in January, Wells Fargo Report
According to the latest Wells Fargo Economics report, total national construction outlays declined 0.2% during January. Residential spending ended a three-month streak of gains and fell 0.5% during the month. Although single-family spending continued to expand, multifamily and home improvement spending both dropped. Meanwhile, total nonresidential spending rose modestly as solid gains in infrastructure and […]
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