Construction spending in the U.S. crept up by much less than expected in the month of August, according to a report released by the Commerce Department on Tuesday.
The report said construction spending inched up by 0.1 percent to an annual rate of $1.287 trillion in August after coming in nearly unchanged at a revised July estimate of $1.286 trillion.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com