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US - Construction spending for February

Construction spending rose 0.3 % against all expectation in February.
  • Mainly because gains in non-residential activities have offset the residential drop.
  • This is the biggest increase since March 2006.
Markets expected a 0.6% drop, and this situation is unlikely to happen again next month.

Official press release

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Posted on Friday, March 30, 2007 at 2:33 PM |

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