Construction Spending Falls 3.2 Percent Annually In June; Contractors Urge Officials To Avoid Policies That Could Further Weaken Demand

Construction spending edged down 0.1 percent in June from the previous month and declined 3.2 percent compared to a year ago, according to an analysis by the Associated General Contractors of America of a new government report released today. Association officials cautioned that weakness is spreading across much of the...