Construction Spending Inches Up 0.6 Percent In March As Residential Gains Offset Continued Weakness In Manufacturing & Nonresidential Segments
AGC of America News
AI SUMMARY
Construction spending rose modestly by 0.6 percent in March, driven by residential sector growth that helped offset ongoing declines in manufacturing and nonresidential construction. The mixed performance reflects continued headwinds in commercial and industrial segments despite residential resilience.
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