Construction industry spending, on single-family housing, apartments and remodeling projects grew last November as the economy made a strong finish to 2011, another positive sign that indicates the US economy may finally be entering its recovery phase.
Spending on Construction Up 1.4% Last Month
October 5, 2011 by
Building companies increased their spending on the construction of new homes and offices during August, following a huge drop in spending the month before, said the Commerce Department earlier this week. According to a report in the Washington Post, spending on construction in the last month rose by 1.4%, and saw modest increases in spending
