WASHINGTON, Oct 1 (Reuters) - U.S. construction spending unexpectedly fell in August, hit by weaker private spending outside the housing sector and a pullback in public investments. Construction spending dropped 0.8 percent to an annual rate of $960.96 billion, the Commerce Department said on Wednesday in a report that also revised downward spending estimates for the prior two months. Economists polled by Reuters had forecast construction spending increasing 0.5 percent in August. The surprise decline was largely due to a 1. ...
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