Home News U.S. construction spending in February, as expected, falling by 1.3%

U.S. construction spending in February, as expected, falling by 1.3%

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WASHINGTON (Dow Jones) – The construction spending in the United States have narrowed in February as expected. As the U.S. Commerce Department on Thursday announced that decreased expenditure seasonally adjusted by 1.3% over the previous month to a projected Annual volume of 846.23 billion USD.

surveyed by Dow Jones Newswires Economists had expected a decline in the run by 1.3%.
The change in construction spending was unchanged compared to minus 1.4% corrected after being reported was down 0.6% was. The projected annual value was created in January at 857,80 Mrd USD.
Other reportedly fell to the expenditure of Housing in February by 2.1% to 258.49 billion USD. called for the January Department a revised rise of 0.7% to 264,00 billion.

 
Website: http://www.census.gov

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