Shockwave: March Sees Unforeseen Drop in U.S. Construction Spending

March witnessed an unexpected decrease in U.S. construction spending, attributed to a resurgence in mortgage rates impacting homebuilding. Despite this setback, the construction sector continues to grapple with a housing shortage, maintaining activity levels. In an unforeseen turn, U.S. construction spending experienced a downturn in March, primarily influenced by a resurgence in mortgage rates, which […]

Shockwave: March Sees Unforeseen Drop in U.S. Construction Spending Read Post ยป