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U.S. Construction Spending Unexpectedly Inches Higher In September

Por: RTTNews Business November 01, 2022

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Construction spending in the U.S. unexpectedly showed a modest increase in the month of October, according to a report released by the Commerce Department on Tuesday.The report said construction spending inched up by 0.2 percent to an annual rate of $1.811 trillion in September after falling by 0.6 percent to a revised rate of $1.807 trillion in August.The uptick surprised economists, who had expected construction spending to decrease by 0.5... + full article



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