U.S. Construction Spending Unexpectedly Decreases In January


Construction spending in the U.S. unexpectedly decreased in the month of January, according to a report released by the Commerce Department on Monday.

The report said construction spending fell by 0.3 percent to an annual rate of $2.190 trillion in January after climbing by 0.8 percent to a revised rate of $2.198 trillion in December.

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