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Construction Investment Declines in February

  • brg_news_room
  • Apr 19
  • 1 min read
Construction Investment Declines in February
Construction Investment Declines in February

CANADA: Building construction investment fell by $503.2 million (2.1%) in February compared with January. The overall decline was driven by reduced residential spending, which dropped by $552.3 million to $16.0 billion. However, single-family construction provided some support, increasing by $77.7 million (1.1%) to $7.4 billion, partially offsetting a sharper contraction in multi-family housing investment.


Source: Hardlines

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