Salem Radio Network News Sunday, September 21, 2025

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Weaker-than-expected increase in construction spending during November

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( ) -q-20- UNDATED (Correspondent Jeremy House) “as previously reported.”

U.S. construction spending rose less than expected in November.

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TAG: Correspondent Jeremy House reporting.

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VERBATIM: The Commerce Department says construction spending increased 0.4%. That was two-tenths of a percent lower than what economists had forecasted. The smaller increase came amid a decline in outlays on public projects. Meanwhile, October’s figure was revised up to 1.2-percent, twice the rate as previously reported.

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