US Construction Spending Increases Solid 0.9 Percent in November

US Construction Spending Increases Solid 0.9 Percent in November
Construction workers perform their jobs in front of Mount Sinai South Nassau Hospital in Oceanside, N.Y., on May 13, 2020. Bruce Bennett/Getty Images
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WASHINGTON—Spending on U.S. construction projects increased 0.9 percent in November 2020 as strength in home building offset weakness in other parts of the construction industry.

The November gain followed a bigger 1.6 percent rise in October and left construction spending up 4.4 percent through the first 11 months of 2020 compared to the same period in 2019, according to the Commerce Department.