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December 3, 2019

Construction spending falls 0.8% in October

By MATT OTT
AP Business Writer

WASHINGTON — Spending on U.S. construction projects fell 0.8% in October, dragged down by declines in apartment and multifamily homebuilding.

The Commerce Department said Monday that private construction spending declined 1% in October, which follows another significant 1.1% decline in September.


 
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