U.S. Construction Spending Falls 0.3% in February

Total construction spending in January fell 1.7%. Total residential construction spending fell 0.9% in February to an annual rate of $463.761 billion, a slower decline than the previous month's drop of 2.9%. Non-residential construction increased 0.1% in February to $657.802 billion after a 0.8% drop in January. Several non-residential sectors made ...