Construction Spending Climbed In October
Dec 2, 2013, 20:31 IST
Construction spending increased 0.8% in October, which was stronger than the 0.4% increase expected by economists.
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This followed a 0.3% decline in September.
Economists warned that their estimates may be way off because thanks to the government shutdown.
"This makes the already revision prone construction data a particularly rough cut this time," said Citi's Peter D'Antonio.