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US construction spending slips in February
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US construction spending slipped by 0.3% in February, as compared to the month before, but the decline is likely to be temporary rather than a sign of cooling demand.
Surge in US housing starts helps to stave off recession fears
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US single-family homebuilding surged in July and permits for future construction rose amid an acute shortage of previously owned houses.
Why electric machines could be a game changer for Chinese OEMs
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With the differences between diesel models from different OEMs declining, could electrification be a game changer?