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Construction Industry Forecasts: Expansi...
Contraction in New Zealand and US Servic...
Economic Indicators Shift: Rates, Gas, C...
Chicago Business Activity Expands
Construction Backlog Drops to Lowest Lev...
Construction Backlog Reaches Lowest Leve...
Overview
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US construction spending unexpectedly dropped in March, totaling $2.083 trillion, with private construction spending at $1.6 trillion and public spending at $483.1 billion. Challenges like regulatory fragmentation persist, while construction tech innovations aim to address issues such as delayed payments.
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How can the construction sector leverage tech innovations to overcome its challenges and drive growth?
How might the unexpected drop in construction spending impact related industries and employment?
What implications do the fluctuations in commodity prices have on global economic stability?
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