DATA SNAP: US Construction Spending Unexpectedly Down In Dec ...

WASHINGTON -(Dow Jones)- U.S. construction spending fell a second consecutive month in December, driven down by a pullback by home builders and a sharp drop in investment on projects by the federal government. Spending on construction tumbled by 2.5% to a .... Rather that attempt to boost sales in a depressed market, Holley said the company would "hold our most valuable real estate in such states as Florida and Georgia off the market." In a series of fourth quarter ...

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