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Construction spending hits record

November’s rise 4th in row; private outlays also at a high

By MATT OTT THE ASSOCIATED PRESS

This article was published January 4, 2018 at 2:13 a.m.

workers-build-an-apartment-and-retail-complex-in-nashville-tenn-in-october-the-commerce-department-said-wednesday-that-private-construction-spending-was-up-1-percent-in-november

Workers build an apartment and retail complex in Nashville, Tenn., in October. The Commerce Department said Wednesday that private construction spending was up 1 percent in November.

U.S. builders spent 0.8 percent more on construction projects in November, the fourth consecutive monthly gain.

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