Construction spending down 0.6 percent in June

WASHINGTON • Spending on U.S. construction projects fell in June by the largest amount in five months as government building activity declined to the lowest level since 2006. Even housing activity slowed but that setback was likely to be temporary. Construction spending dropped 0.6 percent in June compared with May when spending had surged 1.3 percent, the Commerce Department reported Thursday. It was the biggest decline since a 2.3 percent drop in January. Housing construction was flat during t...

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