November construction spending rose 1.2 percent

Construction spending in the U.S. jumped in November as builders spent more on single-family homes, apartments and remodeling projects. The Commerce Department said Tuesday that spending on construction projects rose 1.2 percent in November, following a revised 0.2 percent drop in October. The increase was the third in four months and the largest since a [...]

January 3, 2012Comments OffRead More