CHICAGO, Ill.—Continued growth in overall construction spending, albeit at a more moderate pace following a strong 2015, supports the stable outlook for the U.S. building and home products and services sector in 2016, according to Fitch Ratings’ 2016 outlook report. Fitch projects construction spending will expand 8 percent next year, driven by continued strength in new home and commercial construction. Fitch also expects modest growth in home improvement and public construction spending. The recent passage of the new $305-billion multi-year highway bill should boost public construction spending, although the positive effect will likely be more evident during the latter half … Read more