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U.S. Construction Spending Decreases More Than Expected In August

Por: RTTNews Business October 03, 2022

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A report released by the Commerce Department on Monday showed construction spending in the U.S. decreased by more than expected in the month of August.The Commerce Department said construction spending fell by 0.7 percent to an annual rate of $1.781 trillion in August after sliding by 0.6 percent to a revised rate of $1.794 trillion in July.Economists had expected construction spending to dip by 0.3 percent compared to the 0.4 percent drop... + full article



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