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Economic Report: U.S. construction spending falls slightly in January

Construction spending fell 0.1% in January, the U.S. Commerce Department reported Wednesday. Read More...

Outlays for U.S. construction projects fell 0.1% in January to $1.826 trillion, the Commerce Department reported Wednesday. 

Wall Street was expecting construction spending to rise 0.3%.

Spending in December rose a revised 0.7% to $1.828 trillion, down from the prior estimate of a 0.4% drop.


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