Construction spending declines in December

Published: February 1, 2010
Tags: BMO Capital Markets, Commerce Department, construction spending, Decision Economics, Institute for Supply Management, manufacturing activity, personal income, Social Security, Thomson Reuters

By Christopher S. Rugaber and Tali Arbel AP Business Writers New York — Hopes that America’s factories will help drive the economic recovery gained support Monday from news that manufacturing activity grew in January to its strongest point since 2004. Other data, though, offered a reminder that the recovery remains fragile. Construction spending sank in [...]