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ID: 12708
Title: Construction spending falls more than expected (Reuters)
Description:

Construction workers attach rebar supports during construction of a new condominium at the City Vista development in Washington September 8, 2006. U.S. construction spending fell a more-than-expected 1 percent in October led by a seventh straight drop in private residential building and adding evidence to a weak housing sector, a government report said on Friday. (Kamenko Pajic/Reuters)Reuters - U.S. construction spending fell a sharper-than-expected 1 percent last month as home building posted a seventh straight drop, according to a government report on Friday that underscored the weakness in the U.S. housing market.
Category: Business/US Economy/
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Date Added: December 01, 2006 03:31:15 PM
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