NEW YORK (TheStreet) -- Construction spending rose in March, according to the U.S. Commerce Department.
Construction spending rose 1.4% from the previous month at a seasonally adjusted rate, better than the consensus expectation of no growth for the period, according to
In February, spending fell 2.4%. This figure was revised from a dip of 1.4% that was previously reported.
Both private construction and public construction rose in March.
-- Written by Andrea Tse in New York.
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