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Ken Simonson's blog

AGC Data DIGest: April 27-May 4, 2021

Construction spending, GDP reports show residential boom, nonresidential decline, steep rise in costs

Solely due to soaring residential activity, construction spending in March increased 0.2% from a downwardly revised February rate and 5.3% from March 2020 to a seasonally adjusted annual rate of $1.51 trillion, the Census Bureau < [node:read-more:link]