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Investment in Structures Falls Again in Third Quarter Even as US Economy Expands, Says ABC

by | Oct 29, 2022 | ABC | 0 comments

WASHINGTON, Oct. 27—The U.S. economy expanded at a 2.6% annualized rate in the third quarter of 2022, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Investment in nonresidential structures decreased at an annual rate of 15.3% for the quarter and has now contracted in 10 of the past 12 quarters.

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