From Realtor Magazine Online, Daily Real Estate News November 1, 2007
A slight increase in construction outlays for September surprised analysts, who had called for a decline of 0.4 percent. Expenditures bumped up 0.3 percent, fueled by a 1.9-percent gain in spending on government building projects. Spending on residential construction, however, slid 1.4 percent; while outlays for private nonresidential construction dipped 0.2 percent. The overall 0.3-percent gain for the month compares to August's drop of 0.2 percent, which was revised following initial reports of an increase by the same amount.
Source: Investor's Business Daily (11/01/07)
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