Global Economic News

U.S. Construction Spending Unexpectedly Edges Slightly Lower In February

A report released by the Commerce Department on Monday unexpectedly showed a slight decrease in U.S. construction spending in the month of February.

The report said construction edged down by 0.1 percent to an annual rate of $1.844 trillion in February after climbing by 0.4 percent to a revised rate of $1.845 trillion in January.

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by RTTNews Staff Writer

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