Construction Spending Inches Up 0.6 Percent In March As Residential Gains Offset Continued Weakness In Manufacturing & Nonresidential Segments

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Construction Spending Inches Up 0.6 Percent In March As Residential Gains Offset Continued Weakness In Manufacturing & Nonresidential Segments
AI SUMMARY

Construction spending grew modestly by 0.6 percent in March, with residential construction providing the primary boost to offset ongoing struggles in manufacturing and nonresidential sectors. The mixed results highlight continued challenges in commercial and industrial building despite steady residential demand.

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