RTTNews - With a drop in spending on public construction more than offsetting a modest increase in spending on private construction, the Commerce Department released a report on Tuesday showing that construction spending fell modestly in the month of July.

The report showed that construction spending fell 0.2 percent in July following a downwardly revised 0.1 percent increase in June. Economists had expected spending to fall 0.2 percent compared to the 0.3 percent increase originally reported for the previous month.

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