U.S. home construction spending rises

WASHINGTON — Investment in U.S. construction rose 0.9 percent in November, according to the U.S. Commerce Department. Spending on residential construction was up 2.7 percent, with the single-family segment logging a 5.1 percent gain. Investment in non-residential declined by 0.8 percent with spending on office building projects taking an 8.1 percent tumble as the work-from-home trend continues.

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