U.S. Construction Spending Unexpectedly Edges Slightly Lower In January

Construction spending in the U.S. unexpectedly edged slightly lower in the month of January, according to a report released by the Commerce Department on Wednesday. The report said construction spending slipped by 0.1 percent to an annual rate of $1.826 trillion in January after falling by 0.7 percent to a revised rate of $1.828 trillion in December.Original Article