Eye on construction
Economists project that spending on construction projects increased nationally in June after falling the previous month.
They expect the Commerce Department will report Monday that spending on housing, nonresidential and government construction projects rose 0.5% in June. That would follow a drop of 0.3% in May. Growth in housing, the economy’s standout performer, slowed in May while activity in areas most directly impacted by the pandemic showed further weakness.
BUSINESS
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2021-07-31T07:00:00.0000000Z
2021-07-31T07:00:00.0000000Z
https://edition.timesfreepress.com/article/282282438339951
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