Private Residential Spending Tumbles in March

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NAHB analysis of Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual rate of $536.8 billion, down 3.6% in March. This is the biggest monthly decline since April 2009. It follows four months of strong consecutive gains, including the positively revised February growth of 1.2%. On an annual basis, total private residential… Read More ›

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