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U.S. Construction Spending Inches Up Less Than Expected In July

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Construction spending in the U.S. saw a modest increase in the month of July, 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 $1.365 trillion in July after falling by 0.5 percent to a revised rate of $1.363 trillion in June.Economists had expected construction spending to jump by 1.0 percent co...

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