Construction Activity Makes Solid Rebound: 5 Must-Buy Stocks

Construction activity is fast gaining pace in the United States as inflation continues to ease and demand for single-family homes rebounds. The Commerce Department said last week that spending on construction projects soared more than expected in December.The department reported that construction spending rose a solid 0.9% in December, surpassing the consensus estimate of 0.5%. Also, data for November was upwardly revised to 0.9% from the earlier reported 0.4%.On a year-over-year basis, spending on construc ...