Washington, DC, November 1, 2006--Spending construction projects fell 0.3% in September, led by drops in spending on private residential construction and federal building projects, the government said Wednesday.
Private residential construction spending fell 1.1% in September after declining by 1.6% in August, according to the Commerce Department.
Spending on federal construction projects dropped by 1.5% in September. Total construction spending was revised to neither rise nor fall in August.
