Treasury Announces Latest CPP Transactions
The Treasury Department yesterday announced the details of a $15 billion investment in seven banks made through the agency's Capital Purchase Program. More Newsbytes / Archive 

In November, construction spending fell 0.6 percent to a seasonally adjusted annualized pace of $1.078 trillion. However, the previous two months were revised upward. Even still, construction was down 3.3 percent from a year prior. The month's decline was due to a large 4.2 percent drop in residential spending. More Perspectives