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Single-Family Homebuilding Weighs on U.S. Construction Spending in July

Single-Family Homebuilding Weighs on U.S. Construction Spending in July

U.S. construction spending declined further in July as rising mortgage rates weighed on single-family homebuilding, offsetting a rebound in outlays on public projects.

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Reuters

https://www.reuters.com/markets/us/single-family-homebuilding-weighs-us-construction-spending-july-2022-09-01/