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December Construction Spending Below -0.2%..>

US DATA
US DATA: December Construction Spending Below Expected -0.2%
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-Total construction spending -0.2% vs +0.5% expected, lowest since June
-Private construction down -0.1%, also lowest since June, driven by 
a -1.8% drop in nonresidential spending
-Public construction down -0.4%, also lowest since June
-Federal construction spending +2.1%, but state and local -0.6% 
-November total construction spending revised up to +0.7%, prev +0.6%

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