Construction Spending Rose 1.5% In December

Housing and government construction spending was up, helping give December spending numbers a 1.5% boost.

For the fifth month in a row construction spending rose; December saw a 1.5% increase in spending. 

The increase was due to slight increases in residential as well as nonresidential building. Government spending also saw a small increase. 

However, spending is still not as high as it once was, and many analysts believe it will take several years to return to "normal."

Click here to read the full article.