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Construction spending rises unexpectedly nationwide (access required)

by Associated Press

Published: August 3,2009

Time posted: 10:41 am

Tags: construction

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WASHINGTON - Construction spending rose for the second time in three months in June as residential building increased and government-funded infrastructure projects jumped. The report provides fresh evidence that the housing sector may be recovering, while the rise in government spending was partly because of the Obama administration's $787 billion stimulus package, economists said. The Commerce ...





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