Advertisement

Construction Spending Up: The Commerce Department reported...

Share
From Times Staff and Wire Reports

Construction Spending Up: The Commerce Department reported that spending on residential, non-residential and government construction projects all increased in February, helped for the second straight month by mild weather over much of the country. The department said construction spending rose 2.6% to a seasonally adjusted annual rate of $436.5 billion. That followed a revised 2.5% jump in January.

Advertisement