Tuesday, August 1, 2017

Construction spending fell 1.3 percent in June

August 01, 2017 at 09:04AM

WASHINGTON (AP) — U.S. construction spending declined in June for the second time in three months, as spending on government construction projects plunged by the largest amount in 15 years.

The Commerce Department reports that construction spending fell 1.3 percent in June, the biggest drop since a 1.8 decline in April.

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