Construction spending grows in September

Investment in building construction rose 2.1 percent to $21.6 billion in September, StatCan reports, following a 0.2 percent increase in August. Spending in the residential sector increased 2.9 percent to $15.2 billion, with single-family investment up 4.0 percent to $7.0 billion. Year over year, investment in building construction grew 6.7 percent in September.