Construction Spending Falls 0.4 Percent

Investor's Business Daily (08/04/08) P. A2
Construction spending sank 5.9 percent during the year-over-year period ended in June. For the 28th month in a row, single-family residential construction posted a decline, dropping 3.7 percent. Multifamily construction fell just 0.4 percent, while spending on nonresidential construction bumped up 0.4 percent.
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