US Construction Spending Crashes Into Contraction For First Time In 5 Years

by Tyler Durden
ZeroHedge.com
Oct 3, 2016

For the first time in 5 years, US construction spending fell YoY in August. The 2nd monthly drop in a row and large downward revisions reduced construction spending to its weakest since 2015. Public construction spending dropped considerably more than private, with highway construction tumbling.

The Rest…HERE

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