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Construction Has Best Year Since 1996
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| Construction spending shot up 1.1 percent in December, capping a year in which building activity posted the best performance since 1996. |
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| Updated |
Feb 1, 2005 19:06:03 |
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21 ( -6 -28.57% ) | | Author | AP |
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| Similar news: | - Non-residential construction hits mid-year record - Non-residential construction hit a mid-year record of $13.3-billion in the first half of 2004, up 2.2 per cent from the same period a year earlier, Statistics Canada said Monday.
- Construction Spending Down - U.S. construction spending fellunexpectedly by 0.4 percent in November, as a cooling inresidential construction overpowered a small rise in publicspending, a government report showed on Monday.
- New Home Construction Climbs in May - The housing market is still booming with construction of new homes rising 0.2 percent in May. Builders rushed to break ground on new projects to meet strong demand fueled by low mortgage rates.
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