By Dees Stribling | MHN Online
The Census Bureau reported on Thursday that U.S. construction spending during November came in at an annualized rate of $934.4 billion, or 1 percent higher than the revised October estimate of $925.1 billion. That’s the highest level since March 2009, when spending was dropping with the deepening of the recession. The November 2013 figure is also 5.9 percent above the same month a year ago, according to the bureau.