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US September Construction Spending Falls 1.9%, Well Below Forecast

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US **construction spending** fell **1.9% in September** from a month earlier, far below market expectations. Total **construction spending** in September was estimated at **$2.186 trillion** on an annualized basis, while private spending fell **2.4%** and public spending declined **0.1%**. August **construction spending growth** was revised up to **2.0%** from **0.9%**.

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Source: FreeNewsAPIRead at bloomingbit

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