Private construction spending beats public spending in 2017

In an analysis of the U.S. Census Bureau’s November construction spending data, the Tribune-Review reported that private construction spending for the first 11 months of 2017 outpaced that of public construction. Private-sector spending from January to November increased to $878.6 billion, up 6.5% from the same period in 2016.¬†Public construction spending fell 2.8% to $259.7 billion in the first 11 months of the year as compared with the January-to-November period in 2016.

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