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    Steel Markets

    AGC: Trade Disputes Hindering Construction Investment

    Written by Sandy Williams


    Trade disputes and uncertainty regarding U.S. economic growth are causing businesses to delay or cancel construction plans, said the Associated General Contractors of America in a new analysis of construction spending data.

    Construction spending declined 0.8 percent in October from September, but topped year-ago levels by 1.1 percent as decreases in private nonresidential, multifamily and public projects outweighed a recent revival in single-family homebuilding, said AGC.

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