WASHINGTON — Construction spending was down 1.1% to a seasonally adjusted estimated annual rate of $808.9 billion in February, following a 0.8% decline in January, the Commerce Department reported Monday.
Economists had predicted a 0.6% gain.
Independent and authoritative analysis and perspective for the bond buying industry.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In