BUSINESS PLANS

Construction Spending Down

Advertisement

Jan. 3, 2007 -- Spending on construction projects dropped by 0.2 percent in November to $1.18 billion, the Commerce Department said Wednesday.

The declines were driven by a 1.6 percent decrease in spending on private housing projects, the report said.

Despite the recent downturn, total construction spending in November was up 0.1 percent from the same period last year, the report said.

- next -

Last updated: Jan 3, 2007




Register on Inc.com today to get full access to:
All articles  |  Magazine archives | Livestream events | Comments
EMAIL
PASSWORD
EMAIL
FIRST NAME
LAST NAME
EMAIL
PASSWORD

Or sign up using: