You are here

US construction spending falls in January

Monday, March 2, 2015 - 23:26
nabmCONSTRUCTION-FILES.jpg
US construction spending unexpectedly fell in January as both private and public outlays fell, a government report showed on Monday.

[WASHINGTON] US construction spending unexpectedly fell in January as both private and public outlays fell, a government report showed on Monday.

Construction spending declined 1.1 per cent to an annual rate of US$971.4 billion, the Commerce Department. It was up 1.8 per cent compared to January last year.

REUTERS

Powered by GET.comGetCom