Last Updated: December 1, 2008 11:44am ET

Construction Spending Drops 1.2%

By Erika Morphy

WASHINGTON, DC-Residential building is experiencing the sharpest decline, but even commercial development is beginning to suffer.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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