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Spending on US building gains
Aggregated Source: Shanghai Daily: Business

Construction continues on the new Rutgers Business School on the Livingston Campus in Piscataway, New Jersey. Spending on US construction projects rose 0.4 percent in April, compared with March, when spending fell a revised 0.8 percent, the US Commerce Department reported yesterday. In April, private residential construction edged down a slight 0.1 percent, reflecting a drop in renovation. Spending on both new single-family homes and apartments increased. Nonresidential projects rose 2.2 percent in April.

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