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US construction spending beats expectations in April
R
Reuters
June 1, 2026
Mortgage RatesSource: GNews
U.S. construction spending increased more than expected in April, boosted by single-family homebuilding, though rising mortgage rates amid the war with Iran continued to cast a shadow over the housin
WASHINGTON, June 1 (Reuters) - U.S. construction spending increased more than expected in April, boosted by single-family homebuilding, though rising mortgage rates amid the war with Iran continued to cast a shadow over the housing market.
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Originally published by Reuters
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