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REPEAT:MNI DATA ANALYSIS: US Sept Construction Spending +0.3%>

Repeats Story Initially Transmitted at 14:00 GMT Nov 1/10:00 EST Nov 1
--Residential Excluding New Homes Down 0.6%
--Total Private Spending Fell 0.4%; Public Up 2.6%
--August Construction Rev Down To 0.1%; July Revised Up To -0.9%
By Sara Haire and Holly Stokes
     WASHINGTON (MNI) - Construction spending was up 0.3% in September, 
with a 0.4% decrease in private construction and a larger 2.6% increase 
in public construction, data released by the Commerce Department 
Wednesday morning showed. 
     Analysts had expected construction spending to be unchanged after a 
positive 0.5% reading for August. With the latest data, August 
construction was revised down to a 0.1% increase, while July spending 
was revised up slightly to 0.9% decrease from the 1.2% decline 
previously reported. 
     Private residential construction spending was flat in the month, 
with new home building rising 0.3% based on an MNI calculation. 
Single-family building rose 0.2%, while multi-family building saw a 
larger 0.6% gain from August. Residential construction excluding new 
homes, which captures remodelling was down 0.6% and up 9.6% 
year-over-year.  
     Private nonresidential construction was down 0.8% in September. 
There were increases in lodging, health care, education, and 
transportation that were offset by a large decline in manufacturing 
(3.6%), office, commercial, religious, amusement and recreation, 
communication, and power. 
     Public construction saw an increase of 2.6% in September, following 
a 0.7% rise in August. There were significant percentage gains in power 
and conservation and development, potentially due to hurricane recovery 
efforts. State and local government spending, the much larger portion of 
public construction, was up 2.5% after a 1.0% increase in August, while 
Federal government construction saw a rise of 3.4% in September after a 
2.4% fall in August. 
     ** MNI Washington Bureau: 202-371-2121 ** 

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