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Here Comes Construction Spending...

Mamta BadkarFeb 3, 2014, 20:11 IST

REUTERS/Robert Galbraith

Construction spending for December is out at 10 a.m. ET.

Economists polled by Bloomberg are looking for construction spending to stay flat month-over-month.

This compares with a 1% rise in November.

Homebuilder confidence slowed to 56 in January. Meanwhile, new home sales plunged 7.1% in December and the slowdown was attributed to the extreme cold weather.