Construction Spending Down 0.9% In May

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14:03 GMT

Jul 2009

Construction Spending Down 0.9% In May

(RTTNews) - The U.S. Commerce Department revealed that construction spending fell 0.9 percent in May, following a revised 0.6 percent rise in the previous month.

Economists had expected construction spending to fall by 0.6 percent following a rise of 0.8 percent that was originally reported for April.

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