U.S. Construction Spending Falls 1.9% Month Over Month in September

U.S. construction spending fell 1.9% from August to a seasonally adjusted annual rate of $2,186.1 billion in September. The August estimate was revised to $2,227.4 billion. The September total was 2.7% below the revised estimate for the same month a year earlier. Private construction spending declined 2.4% from August to an annual rate of $1,639.3 billion. Public construction spending slipped 0.1% from August to an annual rate of $546.8 billion. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost