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U.S. construction spending rises to 7-1/2-year high
U.S. construction spending rose in September to the highest level in 7-1/2 years as both private and public outlays increased, suggesting a modest upward revision to the third-quarter GDP growth estimate.

Construction spending advanced 0.6 percent to $1.09 trillion, the highest level since March 2008, after an unrevised 0.7 percent increase in August, the Commerce Department said on Monday.

Construction spending has increased every month this year, and the latest gain suggested the economy remained on firmer ground despite some slowing in consumer spending and persistent weakness in manufacturing.

Economists polled by Reuters had forecast construction spending rising 0.5 percent in September. Construction outlays were up 14.1 percent compared to September of last year.
http://www.reuters.com/article/2015/11/02/us-economy-construction-idUSKCN0SR1OU20151102