Private residential construction spending increased by 0.8% in August, primarily driven by more spending on multifamily construction and home remodeling, according to the National Association of Home Builders (NAHB). Total residential spending was down 2% year over year as the housing sector continues to navigate the economic uncertainty amid ongoing tariff concerns and high mortgage
The post Private Residential Construction Spending Rises on Multifamily and Remodeling Strength appeared first on Paint & Decorating Retailer.
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